INFOTEC

0.840

-0.025 (-2.9%)

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2024

Amended Announcements
Please refer to the earlier announcement reference number: FRA-30052024-00018

INFOLINE TEC GROUP BERHAD

Financial Year End 31 Dec 2024
Quarter 1 Qtr
Quarterly report for the financial period ended 31 Mar 2024
The figures have not been audited

Remarks :
Amendments are made to the following line items in the Unaudited Condensed Consolidated Statement of Cash Flows for the financial period ended 31 March 2024 due to an error in the classification of the foreign exchange translation difference recognised in the account: -

1. The increase in trade and other receivables for the current financial period ended 31 March 2024 should read as (RM3,557,000.00) instead of (RM5,636,000.00)
2. The decrease in trade and other payables for the current financial period ended 31 March 2024 should read as (RM1,053,000.00) instead of (RM1,243,000.00)
3. The increase in contract cost assets for the current financial period ended 31 March 2024 should read as (RM785,000.00) instead of (RM1,023,000.00)
4. The increase in contract liabilities for the current financial period ended 31 March 2024 should read as RM1,395,000.00 instead of RM1,368,000.00
5. The repayment of lease liabilities for the current financial period ended 31 March 2024 should read as (RM93,000.00) instead of (RM99,000.00)
6. The effect of foreign exchange translation for the current financial period ended 31 March 2024 should read as (RM251,000.00) instead of RM2,289,000.00

There is no change to the cash and cash equivalents at the end of the financial period ended 31 March 2024.

Please refer to the attachment for the amended Unaudited Condensed Consolidated Statement of Cash Flows for the financial period ended 31 March 2024.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2024

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2024
31 Mar 2023
31 Mar 2024
31 Mar 2023
$$'000
$$'000
$$'000
$$'000
1 Revenue
22,429
12,533
22,429
12,533
2 Profit/(loss) before tax
722
3,082
722
3,082
3 Profit/(loss) for the period
225
2,448
225
2,448
4 Profit/(loss) attributable to ordinary equity holders of the parent
225
2,448
225
2,448
5 Basic earnings/(loss) per share (Subunit)
0.06
0.67
0.06
0.67
6 Proposed/Declared dividend per share (Subunit)
1.38
1.38
1.38
1.38


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1600
0.1600

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence



Announcement Info

Company Name INFOLINE TEC GROUP BERHAD
Stock Name INFOTEC
Date Announced 26 Jul 2024
Category Financial Results
Reference Number FRA-25072024-00001