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TREK reports 2QFY09 Results (11 Aug 09)

Labels:

  • Revenue: -50.84% (2Q09), -45.60% (1H09)
  • Net Profit: -53.19% (2Q09), -70.83% (1H09)
  • Outlook: At the close of 1H FY09, the Group has approximately $23 million in cash and cash equivalents.
  • Going forward, the Group expects that business will continue to be slow in the second half of this year as the prospects of a near term global economic recovery remain uncertain.
  • Nonetheless, the Group will continue to pursue its R&D activities and are planning to unveil new solutions to the market by the end of the current financial year.
  • In view of the unusual operating environment, the Group will monitor its business vigilantly and it is confident of its ability to manage the challenges ahead of it.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 15,796 13,894
2008 26,318 28,263 31,296 21,680 107,557
2007 22,093 28,927 29,874 30,372 111,266
2006 30,794 28,043 25,389 32,044 116,270
2005 24,968 31,463 23,108 23,189 102,728
2004 32,863 34,460 30,928 42,109 140,360
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Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total

2009 107 433
2008 927 925 302 (1,761) 393
2007 1,137 1,566 1,305 2,269 6,277
2006 1,258 1,158 1,221 1,416 5,053
2005 392 830 770 907 2,900
2004 986 39 (1,041) 1,070 1,053
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.005 NA
2007 0.01(Spe) 0.02 NA
2006 NA 0.02 NA
2005 NA 0.01 NA
2004 NA 0.01 NA
2003 NA 0.02 NA
2002 NA 0.01 NA
2001 NA 0.01 NA

2000 NA 0.01 NA
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Bonus / Rights / Stock Split

Date Type Details

2002-05-24 Bonus OFFER OF 1 FOR 4
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Share Data (USD)

NAV = $0.1461
EPS = $0.0018 (6M FY09)
Diluted EPS = $0.0017 (6M FY09)
No of Shares = 296,561,925
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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