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Hoe Leong Corporation reports 1HFY09 Results (13 Aug 09)

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  • Revenue: -17.0%
  • Net Profit: +77.3%
  • Outlook: In view of the uncertain global economic conditions, the Group expects to see a lower revenue for the year ending 31 December 2009 as compared to prior year.
  • The Company will continue to be vigilant in managing costs and improve operational efficiencies.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total

2009 28,870
2008 34,778 29,877 64,655
2007 31,060 34,143 65,203
2006 30,451 33,058 63,509
2005 26,109 29,932 56,041
2004 27,073 29,648 56,721
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Earnings (SGD '000)

FY 1H 2H Total
2009 798
2008 450 (253) 197
2007 1,349 1,651 3,000
2006 2,385 1,702 4,087
2005 3,026 3,037 6,063
2004 1,964 3,331 5,295
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.001 NA
2007 NA 0.005 NA
2006 NA 0.035 NA
2005 NA 0.00964 NA
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Bonus / Rights / Stock Split

Date Type Details

2007-04-25 Rights 4RS1WT FOR 10SH OFFER OF 4 FOR 10 @ $0.12
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Share Data (SGD)

NAV = $0.185
EPS = $0.003 (6M FY09)
No of Share = 264,383,271
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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