Total number of shares ; 420M,
NAV, S19 cts
Profit after tax attributable to owners of the Company for 3QFY2010 was $0.95m as
compared with $2.65m for 3QFY2009; a decline of $1.70m or $64.15%; this despite
an increase in revenue of 69.33%. Foreign exchange gains in 3QFY2009 from a
relatively strong USD reversed into losses in 3QFY2010 as the USD weakened
significantly. Employee benefit expenses were higher in 3QFY2010 as wage
restraint measures implemented in 3QFY2009 were discontinued. A Further factor
underlying the lower profit in 3QFY2010 was a loss incurred by a subsidiary due to
under-utilization of production capacity as a result of reduced orders from consumer
electronic products.
Year-to-date profit was higher by $2.44m or 43.69% on-year. The profit included a
one-off gain of $1.11m negative goodwill arising from the acquisition of equity
shares in Giken.
