NCT

Quarterly rpt on consolidated results for the financial period ended 30/9/2004

GRAND-FLO SOLUTION BERHAD

Quarterly report for the financial period ended

30/09/2004
Quarter3
Financial Year End31/12/2004
The figureshave not been audited

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2004


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
30/09/2004 
30/09/2003 
30/09/2004 
30/09/2003 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
171
0
347
0
2Profit/(loss) before tax
-3
0
27
0
3Profit/(loss)
after tax and minority
interest
-13
0
11
0
4Net profit/(loss) for
the period
-13
0
11
0
5Basic earnings/(loss) per share (sen)
-62,595.00
0.00
56,990.00
0.00
6Dividend per share (sen)
0.00
0.00
0.00
0.00



AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net tangible assets per share (RM)

-5,428.8000
0.0000

Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my


Remarks :
Important notes:-

Grand-Flo Solution Berhad (Grand-Flo or Company) is the vehicle to be listed under the listing of the Company to hold the existing businesses of the following subsidiaries:-

(i) Grand-Flo System (S) Pte Ltd (GFS), a 51% owned subsidiary of the Company; and
(ii) Grand-Flo Electronic System Sdn Bhd (GFES), a wholly-owned subsidiary of the Company.

As at 30 September 2004, the Grand-Flo Group comprise of the Company and GFS and does not include its principal operating subsidiary namely GFES since the acquisition of GFES by the Company was only completed on 1 October 2004.

In respect of the above, the quarterly results of the Company for the third quarter period ended 30 September 2004 above are based on the then existing group structure of the Company as at 30 September 2004 i.e. excluding GFES.

Notwithstanding the above, the Company has also prepared a proforma group results in the detailed quarterly results for the period ended 30 September 2004 attached on the assumption that the acquisition of GFES was completed on 1 January 2004. In this respect, the proforma profit after taxation and minority interest of the Group (before dividend paid to the shareholders of GFES) for the nine (9) month period ended 30 September 2004 would have been RM1.246 million based on the aforesaid assumption. Please refer to the file attached for further details.


Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced1 Nov 2004  
CategoryFinancial Results
Reference NoO&-041101-52821