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Dynamic Colours reports 1HFY09 Results (06 Aug 09)

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  • Revenue: -45.2%
  • Net Profit: -21.9%
  • Outlook: The global economy remains weak and so does the demand for IT and other electronics products on which the Group relys heavily for its resin compounding business.
  • Against this backdrop, the Group expects uncertainty in the demand for its compounded resins may persist in the coming months.
  • In the remaining part of FY2009, the Group will stay focused on cost savings and improving its inventory management to minimise the adverse impact arising from price volatility of its materials.
  • The Group will also continue to source and explore for potential business opportunities in the regions it operates in, especially in new markets to the Group such as Malaysia and Vietnam.
  • With its strong financial position and competiveness, the Group is confident that it will be better positioned in these regions when the market recovers.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1H 2H Total

2009 25,531
2008 46,625 47,277 93,902
2007 39,599 55,094 94,693
2006 NA NA 65,029
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Earnings (USD '000)

FY 1H 2H Total
2009 1,037
2008 1,328 (522) 806
2007 1,494 1,314 2,808
2006 NA NA 2,622
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.0075 NA
2007 NA 0.0100 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (USD)

NAV = $0.1355
EPS = $0.0049 (6M FY09)
No of Shares = 209,971,310
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA



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