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C2O Holdings reports 1HFY10 Results (14 Oct 09)

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  • Revenue: +10.4%
  • Net Profit: -71.1%
  • Outlook: With the disposal of the distribution business, the Group could now concentrate on its offshore marine logistics and support business.
  • The Group will focus on building up its fleet of offshore vessels for onward charter to targeted customers.
  • Barring unforeseen circumstances for the financial year ending 28 February 2010 (“FY2010”), the Group expects continuous stream of charter income from its existing charter as well as new charters to be entered into in second-half of FY2010.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2010 1,926
2009 34,915 28,515 63,430
2008 49,335 36,847 86,182
2007 48,827 48,093 96,920
2006 46,230 45,471 91,701
2005 38,205 40,340 78,545
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Earnings (SGD '000)

FY 1H 2H Total

2010 394
2009 1,361 (533) 828
2008 144
(3,064) (3,208)
2007 154
(2,921) (3,075)
2006 142 157 299
2005 492 870 1,362
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Dividends

FY Interim Final Special (SGD)

2010 NA
2009 NA NA NA
2008 NA NA NA
2007 NA NA NA
2006 NA 0.001 NA
2005 NA 0.002 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (SGD)

NAV = $0.0616
EPS = $0.0013 (6M FY10)
No of Shares = 275,891,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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