Poh Kong results so so nia

Will tomorrow follow a sell down????

Poh Kong’s 4Q net profit falls 22% despite higher revenue
Business & Markets 2012
Written by Ho Ching Ling of theedgemalaysia.com   
Thursday, 27 September 2012 18:41

KUALA  LUMPUR (Sept 27): POH KONG HOLDINGS BHD []’s net profit for the fourth  quarter ended July 31 was down 22% to RM9.5 million or 2.33 sen a share  compared to RM12.18 million in the previous year due to fluctuations in  gold prices and higher finance costs. 


“The  decrease in profit before tax was mainly due to the increase in finance  costs and the fluctuation in gold price, resulting a thinner profit  margin from gold revenue,” the group said in a filing to Bursa Malaysia  today. 

Revenue  for the quarter rose 11.7% to RM204.7 million from RM183.1 million  previously which the group said was spurred by an upsurge in domestic  gold prices and contributions from new and existing stores. 

Meanwhile,  net profit for its full financial year ended July 31 was up 24% to  RM51.28 million or 12.5 sen from RM41.2 million in the previous year.  Revenue was also increased 19.8% to RM830.1 million.

inancial Summary (20120927FA00194)
Company NamePOH KONG HOLDINGS BHD
Stock Code / Short Name5080 / POHKONG
Date & Time Announce27/09/2012 5:39:49 PM
SubjectQuarterly rpt on consolidated results for the financial period ended 31/7/2012


Content
Financial Year End: 31/07/2012
Quarter: 4
Report Status: Unaudited
 
CONSOLIDATED INCOME STATEMENT
 INDIVIDUAL PERIODCUMULATIVE PERIOD
CURRENT YEAR QUARTERPRECEDING YEAR CORRESPONDING QUARTERCURRENT YEAR TO DATEPRECEDING YEAR CORRESPONDING PERIOD
31/07/201231/07/201131/07/201231/07/2011
RM'000RM'000RM'000RM'000
 Revenue 204,720183,115830,121692,419
(a) Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies 12,00415,35271,41457,672
 (b) Net Profit/(loss) from ordinary activities attributable to members of the company 9,54412,18051,28241,205
 (c) Net profit/(loss) attributable to members of the company 9,54412,18051,28241,205
 (a) Basic (based on ordinary shares - sen) 2.332.9712.5010.04
(a) Dividend per share (sen) 1.501.401.500.01
 Net Assets Per Share Attributable To Ordinary Equity Holder Of The Parent (RM) 0.950.84  
 
Remarks
 
Submitted By/Contact Person:
Ng Yim Kon