Financial Result Announcement

29/07/2002

Quarterly rpt on consolidated results for the financial period ended 30/6/2002

ENGTEX GROUP BERHAD

Financial Year End31/12/2002
Quarter2

Quarterly report on consolidated results for the financial period ended 30/06/2002


The figures have not been audited

CONSOLIDATED INCOME STATEMENT

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
30/06/2002
30/06/2001
30/06/2002
30/06/2001




RM'000
RM'000
RM'000
RM'000
1
(a)
Revenue
66,574
0
127,734
0

(b)
Investment income
0
0
0
0

(c)
Other income
162
0
335
0
2
(a)
Profit/(loss) before finance cost, depreciation and amortisation, exceptional items, income tax, minority interests and extraordinary items
7,850
0
15,213
0

(b)
Finance cost
-864
0
-1,705
0

(c)
Depreciation and amortisation
-1,146
0
-2,274
0

(d)
Exceptional items
0
0
0
0

(e)
Profit/(loss) before income tax, minority interests and extraordinary items
5,840
0
11,234
0

(f)
Share of profits and losses of associated companies
0
0
0
0

(g)
Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies
5,840
0
11,234
0

(h)
Income tax
-1,813
0
-3,485
0

(i) (i)
Profit/(loss) after income tax before deducting minority interests
4,027
0
7,749
0

(ii)
Minority interests
338
0
60
0

(j)
Pre-acquisition profit/(loss), if applicable
-2,852
0
-6,296
0

(k)
Net Profit/(loss) from ordinary activities attributable to members of the company
1,513
0
1,513
0

(l) (i)
Extraordinary items
0
0
0
0

(ii)
Minority interests
0
0
0
0

(iii)
Extraordinary items attributable to members of the company
0
0
0
0

(m)
Net profit/ (loss) attributable to members of the company
1,513
0
1,513
0
3
Earnings per share based on 2(m) above after deducting any provision for preference dividends, if any :





(a)
Basic (based on ordinary shares - sen)
5.24
0.00
5.24
0.00

(b)
Fully diluted (based on ordinary shares - sen)
0.00
0.00
0.00
0.00
4
(a)
Dividend per share (sen)
0.00
0.00
0.00
0.00

(b)
Dividend Description
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR
END
5 Net tangible assets per share (RM)

1.3400
0.0000

Remarks :
The Proforma Group recorded a profit before taxation of RM5.840 million for the quarter ended 30 June 2002 and RM11.234 million for the six months ended 30 June 2002 on the back of revenue of RM66.574 million and RM127.734 million respectively. As the Group was only in place on 30 May 2002 arising from a restructuring scheme, the Group recorded a post-acquisition profit after taxation and minority interests of RM1.513 million for both the current quarter ended 30 June 2002 and for the six months ended 30 June 2002 respectively.


Announcement Info

Company NameENGTEX GROUP BERHAD  
Stock Name ENGTEX
Date Announced29 Jul 2002  
CategoryFinancial Result Announcement
Reference NoEG-020729-57630

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