Financial Result Announcement

27/08/2002

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

SOUTHERN STEEL BERHAD

Financial Year End31/12/2002
Quarter2

Attachments

Q202plbs.xls
149 KB

Q202note.doc
54 KB

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
442,088
331,063
784,176
616,506

(b)
Investment income
0
0
3
0

(c)
Other income
1,330
3,030
2,652
4,620
2
(a)
Profit/(loss) before finance cost, depreciation and amortisation, exceptional items, income tax, minority interests and extraordinary items
52,952
26,462
82,456
55,730

(b)
Finance cost
-12,323
-18,583
-25,514
-37,929

(c)
Depreciation and amortisation
-22,231
-22,923
-45,189
-45,514

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

(e)
Profit/(loss) before income tax, minority interests and extraordinary items
18,398
-15,044
11,753
-45,216

(f)
Share of profits and losses of associated companies
1,528
5,041
1,178
8,472

(g)
Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies
19,926
-10,003
12,931
-36,744

(h)
Income tax
-432
-453
-875
-1,133

(i) (i)
Profit/(loss) after income tax before deducting minority interests
19,494
-10,456
12,056
-37,877

(ii)
Minority interests
178
1,441
475
2,331

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

(k)
Net Profit/(loss) from ordinary activities attributable to members of the company
19,672
-9,015
12,531
-35,546

(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
19,672
-9,015
12,531
-35,546
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)
6.97
-3.19
4.44
-12.59

(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)

1.1700
1.0700


Announcement Info

Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL
Date Announced27 Aug 2002  
CategoryFinancial Result Announcement
Reference NoSS-020823-FC74B