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UMS HOLDINGS REPORTS TURNOVER OF S$7.3 MILLION FOR 2QFY09 (04 Aug 09)

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  • Revenue: -75% (2Q09), -65% (1H09)
  • Net Profit: NM (2Q09), NM (1H09)
  • Press Release: Group generated positive net cash from operating activities
  • Balance Sheet remains strong despite challenging market conditions
  • Outlook: The outlook for the coming months remains uncertain despite some signs of bottoming out.
  • Hence, the Group will continue to exercise prudence in capital expenditure, to control costs and to enhance operational efficiency.
  • The Group however is cautiously optimistic of prospects and expects to see increased customers orders for the year.
  • Given the challenging market conditions, the Group is unlikely to be profitable for FY09.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 11,560 7,305
2008 25,131 29,535 21,224 17,482 93,372
2007 36,398 34,305 36,046 31,467 138,216
2006 39,152 45,342 43,902 39,055 167,451
2005 36,493 41,003 38,141 37,356 152,994
2004 NA NA NA 35,337 162,768
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (2,673) (22,917)
2008 (7,219) 7,472 914 643 1,811
2007 5,654 2,685 2,048 1,736 12,123
2006 6,106 3,235 13,089 1,630 24,060
2005 2,833 4,184 3,056 1,036 11,109
2004 NA NA NA (5,282) 6,443
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.0050 NA
2007 NA 0.0100 NA
2006 NA 0.0135 0.01
2005 NA 0.0125 NA
2004 NA 0.0110 NA
2003 NA 0.0110 NA
2002 NA 0.0110 NA
2001 NA 0.0100 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (SGD)

NAV = $0.4563
EPS = $(0.0722) (6M FY09)
No of Shares = 354,228,661
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA



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