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Old Chang Kee reports 1H FY09 Results (14 Aug 09)

Labels:

  • Revenue: +8.6%
  • Net Profit: +170.8%
  • Outlook: The Group expects difficult trading conditions to continue into the next reporting period.
  • The Group's restaurant in Chengdu would be into its second year of operation and it is unlikely to be profitable by the next reporting period.
  • The Group would continue to strengthen its leadership position in the snacks market segment and manage its operating costs to further improve profitability.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2009 24,790
2008 22,825 25,612 48,437
2007 19,039 21,509 40,548
2006 NA NA 33,784
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Earnings (SGD '000)

FY 1H 2H Total
2009 1,890
2008 698 1,536 2,234
2007 1,620 1,024 2,644
2006 NA NA 3,039
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.005 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (SGD)

NAV = $0.19
EPS = $0.0202 (6M FY09)
No of Shares = 93,400,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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