Bursa Malaysia (KLSE) Stock Investment Portal

Current year-to-date (YTD) ended 30 June 2014 by Segments
Property and construction
This division recorded higher revenue of RM386.6 million for the current YTD as compared to preceding YTD of RM309.3 million. The increase in revenue was mainly due to higher percentage of revenue recognition of on-going development projects namely, Pelangi Semenyih 2, Hill Park Home, Saville @ Melawati, Pelangi Seri Alam, Saville@the Park, Bangsar, Mewah 9 Residence, Kajang 2 and MKH Boulevard, and newly launched projects namely, Hill Park Shah Alam, Pelangi Heights, Kajang East and MKH Avenue I, which still at preliminary stage of development. Despite the higher revenue for the current YTD, this division’s profit before tax was decreased to RM76.6 million for current YTD as compared to preceding YTD of RM80.1 million mainly due to lower share of profit of an associate upon completion and handing over vacant possession of Areca Residence in the preceding year.
As at 30.6.2014, the Group has locked-in unbilled sales value of RM690.1 million from which attributed sales revenue and profits will be recognised progressively as their development percentage of completion progresses.
Plantation
This division recorded higher revenue and profit before tax from the sale of CPO and palm kernel of RM116.4 million and RM21.5 million for the current YTD as compared to the preceding YTD of RM76.1 million and RM11.7 million. The division’s current YTD profit included unrealised foreign exchange losses totaling RM12.5 million (foreign exchange losses in 2013: RM nil). The unrealised foreign exchange losses was mainly due to weakening of the Rupiah against the USD and the RM for its USD and RM borrowings. The profit before tax excluding the unrealised foreign exchange losses for the current YTD amounted to RM34.0 million was 191% higher than the preceding year profit before tax of RM11.7 million.

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Stock: [MKH]: MKH BERHAD

2014-08-27 19:02 | Report Abuse

REVIEW OF PERFORMANCE OF THE GROUP FOR:
(i) Third quarter ended 30 June 2014
The Group recorded higher revenue for the current quarter of RM212.3 million as compared to the preceding year corresponding quarter of RM185.4 million. The increase in the Group’s revenue by 15% was mainly contributed by the property and construction division from its on-going development projects and the plantation division, arising from the increase in sales of crude palm oil (“CPO”) and palm kernel.
The Group recorded lower profit before tax for the current quarter of RM21.1 million as compared to the preceding year correspondence quarter of RM44.3 million due to inclusion of unrealised foreign exchange losses of RM21.9 million (“Foreign Exchange losses”) in the current quarter as compared to unrealised foreign exchange gains of RM1.5 million (“Foreign Exchange gains”) in preceding year corresponding quarter from the Plantation division’s United States Dollar (“USD”) and Malaysian Ringgit (“RM”) borrowings as a result of the Indonesian Rupiah has weaken against the USD and the RM respectively. The profit before tax excluding the unrealised Foreign Exchange losses and unrealised Foreign Exchange gains was marginally higher at RM43.0 million for the current quarter as compared to the preceding year corresponding quarter of RM42.8 million.

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Stock: [VITROX]: VITROX CORPORATION BHD

2014-08-22 07:41 | Report Abuse

Rev doubled...NP tripled!

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Stock: [MKH]: MKH BERHAD

2014-08-21 17:45 | Report Abuse

just top up today too...

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Stock: [MKH]: MKH BERHAD

2014-05-06 11:59 | Report Abuse

bear with it, count on qtrly report....