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SPC reports 2QFY09 Results (21 Jul 09)
- Revenue: -47.6% (2Q09), -47.2% (1H09)
- Net Profit: -75.8% (2Q09), -64.4% (1H09)
- Outlook: The global economy is beginning to show signs of recovery and demand for refined petroleum products may improve.
- The Company will continue to exercise stringent controls over both operating and capital expenditures.
- It is financially well-positioned to capitalise on growth opportunities.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 1,443,275 1,703,597
2008 2,713,865 3,251,016 3,306,268 1,852,556 11,123,705
2007 1,924,927 1,974,597 2,260,976 2,628,620 8,766,712
2006 2,203,532 2,321,909 2,241,514 1,807,259 8,574,214
2005 1,449,049 1,801,438 2,231,473 1,992,279 7,474,239
2004 NA NA 1,390,173 1,551,218 4,974,447
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 55,603 43,537
2008 98,482 180,264 619 (49,682) 229,683
2007 112,096 179,240 98,120 125,256 514,712
2006 67,883 135,690 23,200 57,796 284,569
2005 72,713 101,654 106,869 122,324 403,560
2004 NA NA 63,633 120,698 252,133
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Dividends
FY Interim Final Special (SGD)
2009 NA
2008 0.20 0.08 NA
2007 0.20 0.40 NA
2006 NA 0.20 0.15
2005 NA 0.20 0.12
2004 NA 0.10 0.10
2003 NA 0.06 NA
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Bonus / Rights / Stock Split
Date Type Details
1994-07-06 Bonus OFFER OF 1 FOR 5
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Share Data (SGD)
NAV = $3.43
EPS = $0.1925 (6M FY09)
Diluted EPS = $0.1924 (6M FY09)
No of Shares = 515,314,357
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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