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Stamford Tyres reports FY11 Results (22 Jun 11)
- Revenue: +8.03% (4Q11), +10.00% (FY11)
- Net Profit: +80.93% (4Q11), +41.44% (FY11)
- Outlook: The Group expects its core wholesale and retail businesses to continue to perform and is cautiously optimistic that FY2012 will outperform FY2011.
- Market conditions remain challenging as tyre manufacturers continue to increase prices due to higher cost of raw materials and tight supply.
- The Group will continue to increase sales productivity, optimize product mix and manage operating costs.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2011 80,509 82,323 89,569 89,935 342,336
2010 69,622 76,596 81,731 83,243 311,192
2009 90,006 75,110 63,252 69,262 297,630
2008 84,330 80,583 80,046 83,788 328,747
FY 1H 2H Total
2007 138,774 158,627 297,401
2006 119,879 134,632 254,511
2005 90,658 100,923 191,581
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2011 1,124 1,656 2,945 7,581 13,306
2010 905 1,968 2,344 4,190 9,407
2009 3,256 (2,258) 69 (59) 1,008
2008 2,951 1,316 1,979 1,332 7,578
FY 1H 2H Total
2007 5,607 6,014 11,621
2006 6,498 9,057 15,555
2005 2,996 5,607 8,603
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Dividends
FY Interim Final Special (SGD)
2011 NA 0.015 NA
2010 NA 0.010 NA
2009 NA NA NA
2008 0.010 0.005 NA
2007 NA 0.015 0.005
2006 NA 0.015 0.010
2005 NA 0.0125 0.0075
2004 NA 0.0125 0.075
2003 NA 0.0100 0.025
2002 NA 0.0025 NA
2001 NA 0.0025 NA
2000 NA 0.0025 NA
1999 NA 0.0025 NA
1998 NA 0.00075 NA
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Bonus / Rights / Stock Split
Date Type Details
2003-10-13 Stock Split STOCK SPLIT OFFER OF 5 FOR 2
2002-01-22 Rights WARRANTS OFFER OF 1 FOR 2 @ $0.03
1996-12-24 Rights OFFER OF 3 FOR 10 @ $0.18
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Share Data (SGD)
NAV = $0.4547
EPS = $0.0571 (12M FY11)
No of Shares = 234,861,244
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