KLCI Stock - PHARMA / 7081 - 2012 Quarter 3

PHARMANIAGA BERHAD


Company Description

PHARMANIAGA BERHAD is an investment holding company. Pharmaniaga is an integrated local healthcare company, focused on pharmaceutical industry and its principal activities include research and development and manufacturing of generic pharmaceuticals; logistics and distribution; sales and marketing; supply of medical products and services, and hospital equipping to the public and private sectors. It operates in four business segments: pharmaceutical manufacturing, which is engaged in manufacturing pharmaceutical products; pharmaceutical trading, marketing and distribution, which is engaged in purchasing, storage, distribution and marketing of pharmaceutical and medical products; medical products and services, which is engaged in the supply and installation of medical and hospital equipment, and other operations, which is engaged in investment holding. On July 2, 2008, the Company acquired Pharmaniaga Biovention Sdn Bhd.

Company Info 

Listing Date	1999-11-12
Market Capital (Capital Size)	877,217,861 (Medium)
Par Value	RM 1.00
Board	Main
Sector	Trading/Services
Major Industry	Pharmaceutical
Sub Industry	Medical Products & Services
Website	http://www.pharmaniaga.com/

My Analysis 

Forecast P/E now	(8.2-0.35)/0.728 = 10.78 (Moderate)
Target Price	9.32+0.35 = 9.67 (PE 12.8, EPS 0.728, DPS 0.35)
Decision	BUY if stock price sustain and uptrend above SMA50 or wait strong rebound at SMA200
Comment	Revenue decreased 6.6% but higher than preceding year corresponding quarter 14.8%, eps increased 60.7% and also higher than preceding year corresponding quarter 133.5%, negative net cash from operating hence increased borrowings and spent 29.9% of Group cash to cover all other expenses, current assets still high which may further expend the Group in near future, average gross margin keep improving, liquidity ratio indicate tight enough to meet current obligation but luckily still without long term borrowing, gearing ratio indicate high leverage to generate more income but also high liabilities risk, inventory turnover period longer than earlier which need more cash to cover, inventory surged which can indicate better Group products demand, all segment growth
First Support Price	8.1
Second Support Price	7.0
Risk Rating	MODERATE

Accounting Ratio 

Return on Equity	17.14%
Dividend Yield	4.27%
Gross Profit Margin	19.32%
Operating Profit Margin	7.50%
Net Profit Margin	6.68%
Tax Rate	10.38%
Asset Turnover	1.2896
Net Asset Value Per Share	4.22
Net Tangible Asset per share	2.88
Price/Net Tangible Asset Per Share	2.86
Cash Per Share	0.33
Liquidity Current Ratio	1.0138
Liquidity Quick Ratio	0.4634
Liquidity Cash Ratio	0.0488
Gearing Debt to Equity Ratio	1.6266
Gearing Debt to Asset Ratio	0.6134
Working capital per thousand Ringgit sale	0.6%
Days to sell the inventory	115
Days to collect the receivables	69
Days to pay the payables	107

Technical Analysis 

SMA 10	8.199 (Downtrend)
SMA 20	8.349 (Downtrend 2 day)
SMA 50	8.138 (Uptrend)
SMA 100	8.244 (Downtrend)
SMA 200	6.995 (Uptrend)
MACD (26d/12d)	-0.010706 ( 0.003443 )
Signal (9)	0.022348 ( 0.008263 )
MACD Histogram	0.033054 (Bearish trend 15 days)
Bolinger Upper Band	8.747
Bolinger Lower Band	7.951

My notes based on 2012 quarter 3 report (number in '000):-
- Higher revenue than FY11Q3 mainly due to higher sales volume to the Government coupled with improvement in operational efficiencies in both domestic and overseas business

- Higher pbt than FY11Q3 mainly due to improvement in manufacturing productivity and efficiency of the existing plants

- Higher pbt than FY12Q2 due to one-off impact arising from the elimination of unrealised profit on goods supplied by IPMSB to the Group in the immediate preceding quarter

- Estimate next 4Q eps after 2012 Q3 result announced = 81587*1.05/117674 = 0.728, estimate PE on current price 8.2 = 10.78(DPS 0.35)
- Estimate next 4Q eps after 2012 Q2 result announced = 67151*1.25/117674 = 0.7133, estimate highest/lowest PE = 12.41/9.51 (DPS 0.3)
- Estimate next 4Q eps after 2012 Q1 result announced = 65358*1.2/117674 = 0.6665, estimate highest/lowest PE = 16.08/7.04 (DPS 0.3)
- Estimate next 4Q eps after 2010 Q3 result announced = 0.1017*4 = 0.4068, estimate highest/lowest PE = 13.35/12.36 (DPS 0.27)
- Estimate next 4Q eps after 2010 Q2 result announced = 0.1124*4 = 0.4496, estimate highest/lowest PE = 11.99/11.41 (DPS 0.27)
- Estimate next 4Q eps after 2010 Q1 result announced = 0.5139*0.9 = 0.4625, estimate highest/lowest PE = 11.55/10.34 (DPS 0.27)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.5626, estimate highest/lowest PE = 8.85/6.99 (DPS 0.37)

PHARMA latest news (English)

PHARMA latest news (Chinese)


Financial Quarter Summary

a_date	year	qrt	h_price	l_price	div	roe	c_roe	rev	c_rev	pbt	c_pbt	prof	c_prof	eps	c_eps	asset	c_asset	liab	c_liab	mino	equi	cfo	cfi	cff	cash	fcf	net	final	share	c_share	m_cap	date	gros_m	oper_m	prof_m	vat	asset_t	pe	navps	ntaps	p/ntaps	cps	l_cur	l_qui	l_cash	g_de	g_da	avg_w	inv_d	rec_d	pay_d
2012-11-06	2012	3	N/A	N/A	0.1	5.22%	14.41%	426460	1329942	28493	99066	25247	69645	0.2146	0.5918	1316468	809078	807466	798053	12586	509002	43309	109015	135729	55560	152324	16595	38965	117674	117674	970810	2012-09-30	19.32%	7.50%	6.68%	10.38%	1.2896	-	4.22	2.88	2.86	0.33	1.0138	0.4634	0.0488	1.6266	0.6134	0.6%	115	69	107
2012-08-08	2012	2	9.15	7.08	0.075	3.25%	9.19%	456737	903482	27618	70573	15713	44398	0.1335	0.3773	1332064	812085	838154	829066	13025	493910	787	95836	74999	55270	95049	20050	35220	117674	117674	1039061	2012-06-30	16.82%	6.73%	6.05%	41.79%	1.2332	-	4.09	2.66	3.32	0.3	0.9795	0.4546	0.0425	1.7429	0.6292	-1.0%	116	75	136
2012-05-03	2012	1	11.02	4.99	0.075	5.94%	5.94%	446745	446745	42955	42955	28685	28685	0.2438	0.2438	1302810	784217	816353	807504	12570	486457	3801	53001	77507	55306	56802	20705	76011	117674	117674	596607	2012-03-31	20.55%	10.34%	9.62%	32.35%	1.2146	-	4.03	2.62	1.94	0.65	0.9712	0.4781	0.0941	1.7227	0.6266	-1.5%	110	70	138
2012-02-21	2011	4	5.28	5.07	0.21	2.73%	11.92%	367786	1520981	16368	72886	11942	52157	0.1015	0.4432	1133475	669756	650168	641254	14360	483307	65101	131783	148982	102977	196884	47902	55075	117674	117674	621318	2011-12-31	14.71%	4.78%	4.45%	25.57%	1.3419	11.9125	3.99	3.12	1.69	0.47	1.0444	0.4447	0.0859	1.3864	0.5736	1.9%	109	53	124
2011-11-01	2011	3	5.9	5.28	0.09	2.47%	9.19%	371432	1153195	15646	56518	10811	40215	0.1011	0.3759	943822	614001	464021	459254	16017	479801	85049	19584	29977	102631	104633	74656	27975	106978	106978	631170	2011-09-30	14.79%	4.42%	4.21%	29.96%	1.6203	-	4.34	4.03	1.46	0.26	1.337	0.7171	0.0609	1.0005	0.4916	10.1%	80	71	109
2011-08-10	2011	2	5.9	5.9	-	3.18%	6.72%	396435	781763	19380	41172	13920	29404	0.1301	0.2749	957879	622585	490034	485590	15869	467845	37464	7912	4635	102830	45376	40741	62089	106978	106978	631170	2011-06-30	13.92%	5.12%	4.89%	27.53%	1.5578	-	4.22	3.92	1.51	0.58	1.2821	0.7523	0.1279	1.0842	0.5116	9.2%	74	72	127
2011-05-13	2011	1	6.0	5.55	-	3.54%	3.54%	385328	385328	21792	21792	15484	15484	0.1447	0.1447	854918	530676	401495	396481	15744	453423	54610	1261	480	102977	55871	56351	46626	106978	106978	593727	2011-03-31	16.34%	5.82%	5.66%	28.42%	1.6915	-	4.09	3.79	1.46	0.44	1.3385	0.7971	0.1176	0.9173	0.4696	9.3%	64	67	107
2011-02-25	2010	4	5.78	5.3	-	0.51%	6.81%	376116	1378348	2701	43500	2256	30384	0.0211	0.2840	801880	476762	364407	359643	15629	437473	76344	8652	69447	104732	67692	1755	102977	106978	106978	572332	2010-12-31	13.61%	0.35%	0.72%	-	1.7189	18.8366	3.94	3.67	1.46	0.96	1.3257	0.6861	0.2863	0.8638	0.4544	8.5%	72	36	101
2010-11-04	2010	3	5.7	5.3	-	1.92%	7.31%	334337	1002232	15405	46963	8586	32640	0.0803	0.3051	817180	500315	377523	372867	15325	439657	17385	6651	51193	104408	24036	75229	29179	106978	106978	578750	2010-09-30	15.45%	4.94%	4.61%	45.25%	1.6228	-	3.97	3.7	1.46	0.27	1.3418	0.7184	0.0783	0.8897	0.462	9.6%	76	63	104
2010-08-11	2010	2	5.66	5.4	-	3.30%	5.39%	350335	667895	20327	32758	14747	24054	0.1379	0.2248	887346	568394	454987	450431	15476	432359	7602	5513	4450	104408	2089	2361	102047	106978	106978	581960	2010-06-30	16.11%	6.07%	5.80%	28.58%	1.4896	-	3.9	3.63	1.5	0.95	1.2619	0.7602	0.2266	1.0914	0.5128	8.9%	74	64	113
2010-05-26	2010	1	5.61	5.05	0.1	2.09%	2.09%	317560	317560	12431	12431	9307	9307	0.0870	0.0870	833430	514866	378193	372157	15705	455237	31526	1669	7512	104408	33195	40707	63701	106978	106978	554146	2010-03-31	14.15%	4.46%	3.91%	25.11%	1.5654	-	4.11	3.84	1.35	0.6	1.3835	0.8138	0.1712	0.8604	0.4538	10.9%	70	65	103
2010-02-19	2009	4	5.35	4.3	0.37	5.45%	14.97%	323906	1300796	27490	81436	21914	60191	0.2048	0.5626	818245	498411	371909	358900	15703	446336	75616	23692	87335	92435	99308	11973	104408	106978	106978	456796	2009-12-31	16.23%	9.02%	8.49%	19.54%	1.5897	7.5891	4.03	3.76	1.14	0.98	1.3887	0.7533	0.2909	0.8636	0.4545	10.7%	76	44	99
2009-11-13	2009	3	4.6	4.12	-	1.51%	9.52%	329962	976890	9427	53948	6059	38279	0.0566	0.3578	868831	559524	445665	433988	15499	423166	9166	28222	76001	94173	37388	38613	55560	106978	106978	472842	2009-09-30	14.00%	3.27%	2.86%	32.16%	1.5022	-	3.81	3.52	1.26	0.52	1.2893	0.834	0.128	1.0932	0.5129	9.6%	66	79	123
2009-08-21	2009	2	4.54	4.0	-	4.40%	8.01%	333212	646928	24337	44521	17697	32219	0.1654	0.3012	868538	564986	453546	426087	15164	414992	6933	24805	38969	94173	31738	7231	86942	106978	106978	470703	2009-06-30	16.74%	7.70%	7.30%	23.89%	1.4846	-	3.74	3.45	1.28	0.81	1.326	0.9129	0.204	1.1344	0.5222	10.8%	60	80	116
2009-05-08	2009	1	4.6	3.9	-	3.61%	3.61%	313716	313716	20184	20184	14522	14522	0.1357	0.1357	819786	517245	402812	374247	14338	416974	17061	5154	33934	94173	11907	45841	48332	106978	106978	449307	2009-03-31	15.71%	6.71%	6.43%	27.20%	1.5976	-	3.76	3.47	1.21	0.45	1.3821	0.958	0.1291	1.0004	0.4914	10.9%	53	73	104
2009-02-27	2008	4	4.4	3.5	0.27	4.91%	16.56%	328243	1305646	24496	90599	17789	60031	0.1663	0.5612	798318	495415	396116	365168	14167	402202	182088	20610	124477	57172	161478	37001	94173	106978	106971	376562	2008-12-31	18.26%	7.66%	7.46%	26.84%	1.6355	6.2724	3.63	3.33	1.06	0.88	1.3567	0.9125	0.2579	1.0208	0.4962	10.0%	55	53	91
2008-11-24	2008	3	3.52	3.52	-	2.92%	11.65%	314288	977403	17641	66103	10590	42242	0.0990	0.3949	906600	592883	518375	471571	14034	388225	94602	13839	63362	55721	80763	17401	73122	106978	106968	376562	2008-09-30	16.97%	6.36%	5.61%	37.37%	1.4011	-	3.5	3.19	1.1	0.68	1.2573	0.86	0.1551	1.3853	0.5718	9.6%	65	85	113
2008-08-14	2008	2	3.9	3.18	-	3.62%	8.73%	353465	663115	21088	48462	13107	31652	0.1225	0.2959	944853	635335	568795	515888	13576	376058	18723	8925	39894	56114	9798	30096	26018	106963	106963	374370	2008-06-30	16.33%	6.17%	5.97%	36.19%	1.366	-	3.39	3.08	1.14	0.24	1.2315	0.8861	0.0505	1.5692	0.602	9.3%	62	112	122
2008-05-28	2008	1	3.92	3.38	-	5.12%	5.12%	309650	309650	27374	27374	18545	18545	0.1734	0.1734	883356	575946	502369	444981	13226	380987	42470	4673	71998	55948	37797	34201	21747	106963	106963	406459	2008-03-31	19.66%	9.37%	8.84%	30.66%	1.4008	-	3.44	3.12	1.22	0.2	1.2943	0.8872	0.0489	1.366	0.5687	10.6%	65	99	121
2008-02-28	2007	4	3.82	3.2	0.18	4.91%	15.30%	292817	1183983	23572	77898	16069	50080	0.1502	0.4682	884849	579679	522389	460136	12789	362460	64878	26704	50137	68095	38174	11963	56132	106963	106963	350838	2007-12-31	16.91%	8.87%	8.05%	30.23%	1.3381	7.0056	3.27	2.95	1.11	0.52	1.2598	0.864	0.122	1.4939	0.5904	10.1%	68	94	108
2007-11-22	2007	3	3.8	2.78	-	6.51%	10.39%	334700	891166	31915	54326	21302	34011	0.1992	0.3180	920608	584894	572143	491709	12411	348465	41455	16531	46850	68362	24924	21926	46436	106963	106963	363674	2007-09-30	20.82%	10.31%	9.54%	32.44%	1.258	-	3.14	2.82	1.21	0.43	1.1895	0.8386	0.0945	1.7025	0.6215	8.0%	65	115	125
2007-08-17	2007	2	3.4	3.38	-	2.03%	3.88%	300231	556466	12181	22411	6640	12709	0.0621	0.1188	853770	517659	526648	440826	12152	327122	24100	13290	41888	68419	10810	31078	37341	106963	106963	365813	2007-06-30	14.63%	4.65%	4.06%	40.75%	0.9644	-	2.94	2.62	1.31	0.36	1.1743	0.7944	0.0869	1.6721	0.6168	9.3%	87	137	148
2007-05-25	2007	1	N/A	N/A	-	1.85%	1.85%	256235	256235	10230	10230	6069	6069	0.0567	0.0567	826104	504206	493000	402725	11575	333104	26601	10512	8694	68404	37113	45807	22597	106963	106963	417155	2007-03-31	14.54%	5.05%	3.99%	36.53%	0.6333	-	3.01	2.68	1.46	0.22	1.252	0.8741	0.0589	1.5333	0.5968	19.4%	125	226	195
2007-02-26	2006	4	N/A	N/A	0.15	N/A	N/A	266941	1057868	657	27195	3680	12481	0.0344	0.1167	827785	508770	500394	405667	11151	327391	27496	55359	44755	51681	27863	16892	68573	106982	106965	436486	2006-12-31	14.99%	0.85%	0.25%	-	0.3225	34.9665	2.96	2.63	1.55	0.65	1.2542	0.8309	0.1719	1.5823	0.6045	38.6%	276	358	385

Financial Quarter Balance Sheet

year	qrt	Deferred tax assets (A-0)	Goodwill on consolidation (A-0)	Intangible assets (A-0)	Investment in associated companies (A-0)	Prepaid lease payments (A-0)	Property, plant and equipment (A-0)	Amount due from associated companies (A-1)	Amount due from holding company (A-1)	Amounts due from related companies (A-1)	Cash and cash equivalents (A-1)	Current asset classified as held for sales (A-1)	Current tax assets (A-1)	Fixed deposits with licensed banks (A-1)	Inventories (A-1)	Other receivables (A-1)	Deferred tax liabilities (L-0)	Loans & borrowings (L-0)	Provision for defined benefit plan (L-0)	Amount due to associated companies (L-1)	Amount due to holding company (L-1)	Amounts due to Group Companies (L-1)	Amounts due to related companies (L-1)	Current portion of long-term borrowings (L-1)	Current tax liabilities (L-1)	Dividend payable (L-1)	Loans & borrowings (L-1)	Other payables (L-1)	Minority interest (M-1)
2012	3	9163	-	156987	19	2806	338415	-	-	-	38965	-	11978	-	439275	318860	5137	-	4276	-	459	-	-	-	8810	-	381114	407670	12586
2012	2	8857	-	167877	19	2827	340399	-	-	-	35220	-	3346	-	435196	338323	4810	-	4278	-	26	-	-	-	11357	-	308493	509190	13025
2012	1	6261	-	165755	19	2848	343710	-	-	-	76011	-	4885	-	398146	305175	4862	-	3987	-	26	-	-	-	3125	-	301197	503156	12570
2011	4	12307	-	102186	19	2867	346340	-	-	-	55075	-	8495	-	384614	221572	5051	-	3863	-	223	-	-	-	4842	7221	188197	440771	14360
2011	3	12850	28820	3744	19	2889	281499	42	-	-	27975	-	4685	-	284678	296621	717	48	4002	-	78	-	24	-	4269	-	65223	389660	16017
2011	2	12285	28820	3795	3141	2909	284344	726	-	2	62089	1950	5193	-	257263	295362	717	51	3676	31	-	-	-	-	4823	-	38553	442183	15869
2011	1	12543	28820	3912	5272	3022	270673	659	-	8438	46626	-	5326	-	214634	254993	1530	55	3429	31	97	-	-	-	5318	-	33069	357966	15744
2010	4	10945	28820	-	5427	2950	276976	559	-	9614	102977	-	6304	-	230013	127295	1530	59	3175	31	97	-	-	-	1428	-	33067	325020	15629
2010	3	3421	28820	-	5621	2971	276032	1298	-	9619	29179	-	9491	-	232445	218283	1530	-	3126	1335	230	22	-	-	2022	-	51123	318135	15325
2010	2	4589	28820	-	5707	2992	276844	1225	-	9289	102047	-	9233	-	225964	220636	1530	-	3026	2731	152	22	-	15000	2781	37709	46343	345693	15476
2010	1	5207	28820	-	5821	3013	275703	1225	-	14080	63701	-	7403	-	212011	216446	3131	-	2905	58	120	45	-	14968	1909	-	43318	311739	15705
2009	4	3904	28820	-	6562	3033	277515	1789	-	15699	104408	-	8030	-	228067	140418	3131	7429	2449	4571	428	100	-	18537	3964	-	39539	291761	15703
2009	3	4705	30620	261	7148	3054	263519	1542	-	20898	19760	14593	9245	35800	197595	260091	3131	8546	-	1552	176	210	-	22558	3571	-	40485	365436	15499
2009	2	3559	30620	419	7443	3074	258437	2570	-	21511	23792	14593	4242	63150	176017	259111	3236	24223	-	3150	194	190	-	26700	685	21663	36807	336698	15164
2009	1	3462	30620	577	7693	3095	257094	2700	-	22933	17632	47282	2472	30700	158727	234799	3236	25329	-	3159	319	520	-	30750	-	6	32682	306811	14338
2008	4	3246	30620	735	7382	3116	257804	3091	-	19752	35873	47282	1607	58300	162210	167300	3236	26238	1474	2112	21	2244	-	54185	981	6	41722	263897	14167
2008	3	3132	31620	893	6441	21368	250263	4414	20	18108	73122	32728	3119	7	187341	274024	5847	40957	-	2575	-	1600	-	51830	4665	6	91342	319553	14034
2008	2	2910	31620	1052	7114	21378	245444	-	20	5767	24049	33838	1916	1980	178188	389577	3784	49123	-	1837	-	2398	-	45867	9831	19259	88133	348563	13576
2008	1	2696	31620	2210	6662	21399	242823	9254	20	15384	21747	33965	2862	8	181168	311538	3762	53626	-	337	-	1766	-	43238	7719	7	57323	334591	13226
2007	4	2297	31620	2368	6441	3197	259247	1087	18	13698	56132	33965	2796	8	182130	289845	3767	58486	-	716	-	2561	-	33000	3842	7	133449	286561	12789
2007	3	2522	31620	2526	6158	23127	269761	3979	20	12811	13983	-	1820	32461	172571	347249	2832	77602	-	312	64	3548	-	32550	10704	35	117647	326849	12411
2007	2	3628	31620	2685	6474	23289	268415	6150	20	13851	37341	-	3302	970	167483	288542	3767	82055	-	-	64	2617	-	32100	4633	16044	102562	282806	12152
2007	1	2120	31620	2843	6011	23337	255967	7142	20	15786	22597	-	3943	1136	152166	301416	3767	86508	-	-	64	2131	-	31650	2659	-	129904	236317	11575
2006	4	2207	31620	3001	6283	23351	252553	7830	20	16198	68573	-	5286	1161	171704	237998	3767	90960	-	-	210	4932	-	31200	1526	-	133416	234383	11151

Financial Quarter Income Statement

year	qrt	Revenue	Income tax expense	Cost of sales	Finance/interest costs	Other income	Administrative/Operating expenses	Minority interest	Finance/interest income	Share of profit/ (loss) of associates	Zakat
2012	3	426460	2957	344080	3580	21	50406	289	78	-	-
2012	2	456737	11541	379899	3315	979	47066	364	182	-	-
2012	1	446745	13894	354919	3356	590	46238	376	133	-	-
2011	4	367786	4186	313683	1372	212	36750	240	175	0	0
2011	3	371432	4387	316485	1017	28	38497	148	241	0	300
2011	2	396435	5335	341264	915	123	34987	125	169	181	-
2011	1	385328	6193	322381	860	1269	41771	115	363	156	-
2010	4	376116	1511	324920	1208	1570	54065	304	-	194	762
2010	3	334337	5770	282670	1018	258	35416	151	-	86	1200
2010	2	350335	5809	293891	825	1277	36456	229	-	113	-
2010	1	317560	3122	272621	992	1074	31848	2	-	742	-
2009	4	323906	5372	271341	1146	8585	31928	204	-	586	-
2009	3	329962	3032	283779	1062	172	35572	336	-	294	-
2009	2	333212	5814	277422	1078	4331	34456	826	-	250	-
2009	1	313716	5491	264420	1181	204	28445	171	-	310	-
2008	4	328243	6574	268313	1590	2085	36870	133	-	941	-
2008	3	314288	6593	260955	1661	201	33560	458	-	672	-
2008	2	353465	7631	295744	1160	547	36471	350	-	451	-
2008	1	309650	8392	248767	1856	287	32161	437	-	221	-
2007	4	292817	7125	243299	2674	1304	24860	378	-	284	-
2007	3	334700	10354	265001	2353	474	35654	259	-	251	-
2007	2	300231	4964	256315	2224	115	30075	577	-	449	-
2007	1	256235	3737	218975	2441	455	24772	424	-	272	-
2006	4	266941	2655	226926	2924	8556	46304	368	-	-	-

Financial Quarter Segments Revenue

year	qrt	Elimination/Adjustment	Manufacturing	Logistics & Distribution
2012	3	83832	81445	428847
2012	2	56749	91459	422027
2012	1	82210	81507	447448
2011	4	34887	35237	367436
2011	3	43432	43500	371364
2011	2	27749	27401	396783
2011	1	30001	29809	385520
2010	4	19686	28556	367246
2010	3	45113	38831	340619
2010	2	34122	33553	350904
2010	1	35338	32103	320795
2009	4	55350	29534	349722
2009	3	57140	32406	354696
2009	2	49540	46084	336668
2009	1	33218	32492	314442
2008	4	24935	19070	334108
2008	3	60715	62097	312906
2008	2	89248	63373	387955
2008	1	56094	59051	298078
2007	4	109534	39498	362853
2007	3	46138	44661	336177
2007	2	43217	41677	301771
2007	1	28246	26917	257564
2006	4	44165	38925	272181

Financial Quarter Segments Profit

year	qrt	Elimination/Adjustment	Manufacturing	Logistics & Distribution
2012	3	3038	23501	11532
2012	2	19522	25657	24616
2012	1	-	17066	29112
2011	4	2924	645	21134
2011	3	655	5933	12724
2011	2	3579	326	14822
2011	1	-	3607	18838
2010	4	-	6375	1546
2010	3	-	7852	7577
2010	2	-	7551	7681
2010	1	-	878	13244
2009	4	7050	12892	13989
2009	3	18931	1226	34335
2009	2	3537	9682	16085
2009	1	6180	1920	16377
2008	4	332	12962	16615
2008	3	1553	10062	14828
2008	2	19791	8094	36806
2008	1	3286	12956	16796
2007	4	72028	11422	86884
2007	3	4252	8955	29721
2007	2	1048	9890	5425
2007	1	1377	5049	6487
2006	4	15954	10122	8174

Financial Quarter Segments Associate

year	qrt	Logistics & Distribution
2012	3	-
2012	2	-
2012	1	-
2011	4	-
2011	3	-
2011	2	181
2011	1	156
2010	4	194
2010	3	86
2010	2	113
2010	1	742
2009	4	586
2009	3	294
2009	2	250
2009	1	310
2008	4	941
2008	3	672
2008	2	451
2008	1	221
2007	4	284
2007	3	251
2007	2	449
2007	1	272
2006	4	-

Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables

CURRENT

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●ANNUAL REPORTS

HISTORICAL

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ARCHIVES

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