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Wanxiang International reports 2QFY09 Results (07 Aug 09)

Labels:

  • Revenue: -20% (2Q09), -13% (1H09)
  • Net Profit: +13% (2Q09), +285% (1H09)
  • Outlook: Whilst the Group has managed to steer well in this global financial turnmoil in the 1st half of 2009, the management remains cautious about its sales in the 2nd half of the year especially with the uncertainty in the currency market volatility and fluctuation of the raw material prices.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 90,612 80,638
2008 94,816 101,196 107,344 73,472 376,828
2007 83,097 117,221 88,931 95,632 384,881
2006 NA NA 100,152 77,973 313,388
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total

2009 4,463 4,592
2008 (1,716) 4,068 4,483 734 7,569
2007 3,924 20,748 4,829 (677) 28,824
2006 22,116 18,785 3,346 44,247
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Dividends

FY Interim Final Special (SGD)

NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (RMB)

NAV = $0.5698
EPS = $0.0275 (6M FY09)

No of Shares = 323,422,698
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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