SOP
Quarterly rpt on consolidated results for the financial period ended 31/12/2003
Amended Announcements
Please refer to the earlier announcement reference number: SO-040214-31889
| SARAWAK OIL PALMS BERHAD |
|
Quarterly report for the financial period ended | 31/12/2003 |
| Quarter | 4 |
| Financial Year End | 31/12/2003 |
| The figures | have been audited |
| Remarks : |
| This announcement is based on the audited accounts for 2003 which was announced on the Bursa Malaysia Securities Berhad ("BMSB") on 29 April 2004. The major amendments relate to the effect of the adoption of MASB 25 which had been applied restrospectively and had resulted in prior year adjustments, refer note 1 (under Notes to the accounts) and attachment 1 of the report. The other significant amendment was made on the goodwill upon consolidation of recently acquired SOP Plantations (Borneo) Sdn Bhd (formerly known as Shin Yang Oil Palm Sdn Bhd) which was reduced from RM2.2 million to RM1.3 million due to the recognition of deferred tax assets and amortisation of good in the audited acounts. Refer note 3 of the report (under Notes to the Report). |
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2003 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31/12/2003 | 31/12/2002 | 31/12/2003 | 31/12/2002 | ||
RM'000 | RM'000 | RM'000 | RM'000 | ||
| 1 | Revenue | 31,305 | 20,455 | 104,931 | 66,228 |
| 2 | Profit/(loss) before tax | 9,093 | 6,885 | 53,192 | 18,714 |
| 3 | Profit/(loss) after tax and minority interest | 6,915 | 7,345 | 43,045 | 14,204 |
| 4 | Net profit/(loss) for the period | 6,915 | 7,345 | 43,045 | 14,204 |
| 5 | Basic earnings/(loss) per share (sen) | 7.00 | 7.73 | 45.30 | 15.00 |
| 6 | Dividend per share (sen) | 0.00 | 0.00 | 5.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net tangible assets per share (RM) | 2.0700 | 1.6600 | ||
Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my
| Remarks : |
| This announcement is based on the audited accounts for 2003 which was announced on the Bursa Malaysia Securities Berhad ("BMSB") on 29 April 2004. The major amendments relate to the effect of the adoption of MASB 25 which had been applied restrospectively and had resulted in prior year adjustments, refer note 1 (under Notes to the accounts) and attachment 1 of the report. The other significant amendment was made on the goodwill upon consolidation of recently acquired SOP Plantations (Borneo) Sdn Bhd (formerly known as Shin Yang Oil Palm Sdn Bhd) which was reduced from RM2.2 million to RM1.3 million due to the recognition of deferred tax assets and amortisation of good in the audited acounts. Refer note 3 of the report (under Notes to the Report). |
Announcement Info
| Company Name | SARAWAK OIL PALMS BERHAD |
| Stock Name | SOP |
| Date Announced | 24 May 2004 |
| Category | Financial Results |
| Reference No | SO-040429-37455 |