Financial Result Announcement

31/05/2002

Quarterly rpt on consolidated results for the financial period ended 31/3/2002

SOUTHERN STEEL BERHAD

Financial Year End31/12/2002
Quarter1

Attachments

Q102plbs.xls
149 KB

Q102note.doc
48 KB

Quarterly report on consolidated results for the financial period ended 31/03/2002


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
31/03/2002
31/03/2001
31/03/2002
31/03/2001




RM'000
RM'000
RM'000
RM'000
1
(a)
Revenue
342,088
285,443
342,088
285,443

(b)
Investment income
3
0
3
0

(c)
Other income
1,322
1,590
1,322
1,590
2
(a)
Profit/(loss) before finance cost, depreciation and amortisation, exceptional items, income tax, minority interests and extraordinary items
29,504
29,268
29,504
29,268

(b)
Finance cost
-13,191
-19,346
-13,191
-19,346

(c)
Depreciation and amortisation
-22,958
-22,591
-22,958
-22,591

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

(e)
Profit/(loss) before income tax, minority interests and extraordinary items
-6,645
-30,172
-6,645
-30,172

(f)
Share of profits and losses of associated companies
-350
3,431
-350
3,431

(g)
Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies
-6,995
-26,741
-6,995
-26,741

(h)
Income tax
-443
-680
-443
-680

(i) (i)
Profit/(loss) after income tax before deducting minority interests
-7,438
-27,421
-7,438
-27,421

(ii)
Minority interests
297
890
297
890

(j)
Pre-acquisition profit/(loss), if applicable
0
0
0
0

(k)
Net Profit/(loss) from ordinary activities attributable to members of the company
-7,141
-26,531
-7,141
-26,531

(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
-7,141
-26,531
-7,141
-26,531
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)
-2.53
-9.40
-2.53
-9.40

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

1.0500
1.0700


Announcement Info

Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL
Date Announced31 May 2002  
CategoryFinancial Result Announcement
Reference NoSS-020531-73453