feedburner
Enter your email address:

Delivered by FeedBurner

Choose Your Stocks


KS Energy reports $12.8M 2Q Net Profit (14 Aug 09)

Labels:

  • Revenue: -35.9% (2Q09), -18.8% (1H09)
  • Net Profit: -37.3% (2Q09), -19.9% (1H09)
  • Press Release: Revenue for 2Q FY09 totaled $128.0 million
  • Gearing decreased to 0.68 times with repayment of bank borrowings
  • Two land rigs commenced operations in 2Q FY09
  • KS Titan-2 brings in first stream of revenue from wind power installation project
  • Cash and cash equivalents at the close of the quarter amounted to $55.4 million
  • Outlook: The Group remains cautiously optimistic about its prospects in FY09.
  • The Group will continue to explore new business opportunities and is expected to remain profitable in FY09.
FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 121,444 128,031
2008 107,663 199,751 132,597 165,278 611,022
2007 63,489 89,539 122,656 127,016 402,700

FY 1H 2H Total
2006 131,854 163,278 295,132
2005 84,566 184,515 269,081
2004 NA NA 95,253
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 12,417 12.802
2008 11,054 20,412 11,376 9,078 51,920
2007 5,329 51,126 10,640 6,662 73,757

FY 1H 2H Total
2006 30,958 19,744 50,702
2005 16,944 16,660 33,604
2004 NA NA 16,271
-----------------------------------------------------------
Dividends

FY Interim Special Final Special (SGD)
2009 NA
2008 0.035 0.0045 0.018 NA
2007 0.030 0.030 0.030 NA
2006 0.018 0.029 0.018 NA
2005 0.016 0.015 0.020 0.006
2004 0.04187 NA 0.008 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2008-09-01 Rights OFFER OF 2 FOR 5 @ $1.6
2006-04-11 Bonus OFFER OF 1 FOR 5
2005-09-05 Bonus OFFER OF 1 FOR 5
2005-03-15 Bonus OFFER OF 1 FOR 5
-----------------------------------------------------------
Share Data (SGD)

NAV = $1.158
EPS = $0.0749 (6M FY09)
No of Shares = 336,682,535
-----------------------------------------------------------
ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA



0 Comments:

Post a Comment

Subscribe to: Post Comments (Atom)