Coastal oh Coastal

Coastal Contracts Bhd declined 1.1 percent to RM1.86 in Kuala Lumpur trading at 9.38am. The shipbuilder's first-quarter net income slid 45 percent from a year earlier to RM30.8 million, it said in an exchange filing. -- Bloomberg

Financial Summary (20120524FA00133)
Company Name	COASTAL CONTRACTS BHD
Stock Code / Short Name	5071 / COASTAL
Date & Time Announce	24/05/2012 5:30:06 PM
Subject	Quarterly rpt on consolidated results for the financial period ended 31/3/2012

Content

Financial Year End	: 31/12/2012
Quarter	: 1
Report Status	: Unaudited

CONSOLIDATED INCOME STATEMENT

			INDIVIDUAL PERIOD		CUMULATIVE PERIOD
			CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
			31/03/2012	31/03/2011	31/03/2012	31/03/2011
			RM'000	RM'000	RM'000	RM'000
1		Revenue	232,849	155,830	232,849	155,830
2	(a)	Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies	30,320	55,616	30,320	55,616
	(b)	Net Profit/(loss) from ordinary activities attributable to members of the company	30,759	56,092	30,759	56,092
	(c)	Net profit/(loss) attributable to members of the company	30,759	56,092	30,759	56,092
	(a)	Basic (based on ordinary shares - sen)	6.37	11.61	6.37	11.61
4	(a)	Dividend per share (sen)	3.80	5.50	3.80	0.05
5		Net Assets Per Share Attributable To Ordinary Equity Holder Of The Parent (RM)	1.62	1.59

Remarks

Basic earnings per share for preceding year's individual quarter of 11.61 sen
and cumulative quarter of 11.61 sen have been restated for the effects of 1:3
bonus issue on 18 July 2011.

Coastal oh Coastal

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