SGX Stocks :: Your One Stop SGX Stocks Info Blog

• Revenue: +70.7%
• Net Profit: NM
• Press Release: 1HFY2009 revenue rises 70% to RMB115.5 million, due to addition of trading of coke and coke products business
• 1HFY2009 loss of RMB3.8 million due to lower selling prices and slow sales volume while high production overheads and depreciation remain
• Going forward, it hopes to benefit from the economic recovery in PRC and the Government’s investment in the communications industry
• Seeking shareholders’ approval on the addition of the business of production, trading and distribution of coke and coking products as an additional core business
• Outlook: Although the Group’s operations have not reached the level it achieved before the global financial crisis, it is seeing improvement compared to the last quarter of last year.
• In order to better position the Group to achieve long-term sustainable growth across diverse economic conditions, it has sought to explore opportunities in other areas of businesses, and to adopt a diversification approach as its long-term growth strategy, with the priority of sustaining and enhancing shareholders' value and returns

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1H 2H Total
2009 115,522
2008 67,686 65,593 133,279
2007 69,915 66,499 136,414
2006 59,030 67,019 126,049
-----------------------------------------------------------
Earnings (RMB '000)

FY 1H 2H Total
2009 (3,765)
2008 2,286 (14,612)(12,326)
2007 18,735 9,841 28,576
2006 18,248 15,149 33,397
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 0.0053 NA NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (RMB)

NAV = $0.8178
EPS = $(0.0177) (6M FY09)
No of Shares = 212,730,966
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA