SGX Stocks :: Your One Stop SGX Stocks Info Blog

• Revenue: +1%
• Net Profit: -89%
• Press Release: Revenue up 1% to HK$76.4 million
• Maintains strong cash position of HK$62.6 million
• Outlook: The financial turmoil and the resulting recession worldwide called for a cautious and serious review of our business strategy, focus and operations.
• The Group had taken and will continue to implement measures to control the cost structure of the Group whilst maintaining the efficiency of the business operations.
• Nonetheless, with its proven technology ever ready to roll out an enlarged range of solutions, the Group will be looking for strategic partnerships with companies who are searching for proven solutions that can be incorporated into new products and services.
• The Group continues to remain focused on sustaining its market share in the Hong Kong public sector and expects contracts from the Hong Kong Government to remain the main growth driver.
• Barring any unforeseen circumstances, the Group remains cautiously optimistic of the Groups’ prospects for the coming financial year.

FINANCIAL RESULTS

Revenue (HKD '000)

FY 1H 2H Total
2009 35,505 40,865 76,370
2008 34,522 40,868 75,390
2007 41,341 50,959 92,300
2006 37,342 48,617 85,959
2005 NA NA 60,542
-----------------------------------------------------------
Earnings (HKD '000)

FY 1H 2H Total
2009 1,631 (853) 778
2008 2,133 5,058 7,191
2007 3,614 7,056 10,670
2006 6,776 8,886 15,662
2005 NA NA 13,938
-----------------------------------------------------------
Dividends

FY Interim Final Special (HKD)
2009 NA 0.0026 NA
2008 NA 0.0240 NA
2007 NA 0.0356 NA
2006 NA 0.0490 NA
2005 NA 0.0460 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

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

NAV = $0.3564
EPS = $0.0026 (12M FY09)
No of Shares = 300,000,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA