Financial Result Announcement

30/05/2001

Quarterly rpt on consolidated results for the financial period ended 31/3/2001

SOUTHERN STEEL BERHAD

Financial Year End31/03/2001
Quarter1

Attachments

Pnlbs101.xls
154 KB

Notes101.doc
225 KB

Quarterly report on consolidated results for the financial period ended 31/03/2001


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
31/03/2001
31/03/2000
31/03/2001
31/03/2000




RM'000
RM'000
RM'000
RM'000
1
(a)
Revenue
285,443
261,184
285,443
261,184

(b)
Investment income
0
0
0
0

(c)
Other income
1,590
684
1,590
684
2
(a)
Profit/(loss) before finance cost, depreciation and amortisation, exceptional items, income tax, minority interests and extraordinary items
29,268
33,864
29,268
33,864

(b)
Finance cost
19,346
18,851
19,346
18,851

(c)
Depreciation and amortisation
22,591
21,653
22,591
21,653

(d)
Exceptional items
-17,503
0
-17,503
0

(e)
Profit/(loss) before income tax, minority interests and extraordinary items
-30,172
-6,640
-30,172
-6,640

(f)
Share of profits and losses of associated companies
3,431
-1,459
3,431
-1,459

(g)
Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies
-26,741
-8,099
-26,741
-8,099

(h)
Income tax
-680
-245
-680
-245

(i) (i)
Profit/(loss) after income tax before deducting minority interests
-27,421
-8,344
-27,421
-8,344

(ii)
Minority interests
-890
-12
-890
-12

(j)
Pre-acquisition profit/(loss), if applicable





(k)
Net Profit/(loss) from ordinary activities attributable to members of the company
-26,531
-8,332
-26,531
-8,332

(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
-26,531
-8,332
-26,531
-8,332
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)
-9.40
-2.95
-9.40
-2.95

(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



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

1.1500
1.2500


Announcement Info

Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL
Date Announced30 May 2001  
CategoryFinancial Result Announcement
Reference NoSS-010530-F7FF1