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HLN reports 1H FY09 Results (13 Aug 09)

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  • Revenue: -54.4%
  • Net Profit: NM
  • Outlook: Notwithstanding its substantial net losses for the period, the Group is financially strong with cash resources of approximately $10.0 million as at 30 June 2009.
  • Its working capital indicators are also healthy and the Group is confident of riding the current economic crises.
  • While recent economic indicators point to possible bottoming out of the recession, the Group expects to operate in a very challenging business environment amid the current financial turmoil, tightening global credit and declining real demand in the world economy in FY 2009.
  • The Group will continue to monitor the economic and business environment and evaluate the impact on its business and earnings, and would take necessary pre-emptive and precautionary measures to address the challenges and business risks.
FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2009 11,159
2008 24,448 21,679 46,127
2007 22,412 27,938 50,350
2006 9,234 15,312 24,546
2005 5,919 8,180 14,099
2004 NA NA 11,268
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Earnings (SGD '000)

FY 1H 2H Total

2009 (2,355)
2008 (423) 919 496
2007 2,174 1,369 3,543
2006 1,491 1,350 2,841
2005 1,501 2,011 3,512
2004 NA NA 3,488
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 0.010.001
2007 NA 0.002 NA
2006 NA 0.005 NA
2005 NA 0.011 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (SGD)

NAV = $0.1723
EPS = $(0.019) (6M FY09)
No of Shares = 123,310,920
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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