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Zagro Asia reports 1H FY09 Results (12 Aug 09)

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  • Revenue: -15%
  • Net Profit: -60%
  • Outlook: Market prices remain volatile and business sentiments are still unpredictable for the second half of the year,though there are signs of a pick-up of demand in major sectors.
  • Nevertheless, the Group shall be vigilant to cope with this situation and to add value.
  • With its improved funds position, the group is ready to embark on strategic acquisitions and alliances that will extend its core businesses into new markets.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2009 59,369
2008 69,540 51,943 121,483
2007 53,330 56,370 109,700
2006 49,817 47,492 97,309
2005 43,601 41,587 85,188
2004 NA NA 100,814
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Earnings (SGD '000)

FY 1H 2H Total

2009 2,318
2008 5,840 1,919 7,759
2007 3,051 2,784 5,835
2006 1,696 2,567 4,263
2005 1,477 1,665 3,142
2004 NA NA 3,800
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.01 NA
2007 NA 0.01 NA
2006 NA 0.01 NA
2005 NA 0.01 NA
2004 NA 0.01 NA

2003 NA 0.01 NA
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Bonus / Rights / Stock Split

Date Type Details

1998-07-01 Bonus OFFER OF 1 FOR 1
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Share Data (SGD)

NAV = $0.214
EPS = $0.009 (6M FY09)
No of Shares = 258,572,238
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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