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BBR Holdings posts half year net profit of S$4.6m, up 31%; announces S$77.7m contract to build SICC clubhouse (07 Aug 09)

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  • Revenue: -41.3% (2Q09), -13.4% (1H09)
  • Net Profit: -12.1% (2Q09), +31.5% (1H09)
  • Press Release: “The Group remains vigilant in its effort to contain costs and
    manage its projects and resources well so that we can continue to enjoy decent margins without compromising on service and quality. We have focused on maintaining cost and operational efficiencies and we are confident that we are on track for sustainable growth,” said Mr Andrew Tan, BBR Holdings’ Chief Executive Officer.
  • Outlook: The Group will leverage on its steady track record and capabilities in building construction and civil engineering to secure more public sector projects.
  • In addition, the development property segment will also contribute positively to the Group.
  • As at the date of this announcement, the Group has an order book of S$292 million, predominantly in Singapore and Malaysia.
  • With the current healthy order book, the Group is expected to remain profitable for FY 2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 61,232 53,811
2008 41,208 91,658 47,367 73,665 253,899
2007 17,282 89,306 41,169 56,317 204,074

FY 1H 2H Total
2006 43,057 58,011 101,068
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 2,774 1,790
2008 1,435 2,037 363 (256) 3,578
2007 618 447 807 2,595 4,467

FY 1H 2H Total
2006 865 1,454 2,319
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Dividends

FY Interim Final Special (SGD)

NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (SGD)

NAV = $0.0341
EPS = $0.003 (6M FY09)
Diluted EPS = $0.003 (6M FY09)
No of Shares = 1,541,052,278
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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