Can somebody explain to me what is meant by "Interim Dividend of 2.0 sen per ordinary share of RM0.10 each under the single tier system in respect of the year ending 31 December 2016"? If let say holding 1000 shares.....how much dividend i will receive?
The Group’s revenue for the current quarter ended 30 September 2016 has increased marginally to RM64,588,000 from RM64,443,000 in the quarter ended 30 September 2015. The Group registered a profit before tax of RM13,378,000 as compared to a profit before tax of RM15,474,000 in the preceding corresponding quarter, a decrease of nearly 14% as a result of higher input costs, accelerating operating expenses and the volatility of the Ringgit against foreign currencies. The Group’s revenue for the nine months ended 30 September 2016 has decreased 2% to RM202,848,000 from RM206,789,000 as compared with the preceding year corresponding period as a result of lower revenue recorded for domestic and export market. The profit before tax has decreased to RM45,570,000 when compared with the preceding year corresponding period of RM52,852,000. The lower revenue, unfavourable material costs, higher operating as well as advertisement and promotional expenses and the volatility of the Ringgit against foreign currencies had resulted in the fall of profit before tax. 18. Comment of material change in profit before taxation Group’s revenue has decreased 2% to RM64,588,000 in the current quarter ended 30 September 2016 as compared to RM65,853,000 in the preceding quarter, where sales were affected by festive seasons occurred during the quarter. Similarly, profit before tax decreased by 4% to RM13,378,000 as compared to RM13,991,000 in the preceding quarter as a result of lower domestic revenue and higher input costs. 19. Commentary of prospects While domestic demand is expected to continue to support Malaysia’s economy, the path to recovery is still vulnerable to external factors. In view of the continuing challenging external factors for the remaining part of the year, the Group is expected not to achieve the same level of profit as the previous year, but will endeavour to sustain our existing market share. Notwithstanding that, the Group will continue with the ongoing efficiency programmes and to identify investment opportunities to grow its business. ent..
In view of the continuing challenging external factors for the remaining part of the year, the Group is expected not to achieve the same level of profit as the previous year.
last year dividend pay out was rm0.055, this year is oni 0.04 decrease of 28%. BOD also state group is expected not to achieve same level of profit as previous year, mean BOD themselves is not confident of HUPSENG performance this year. Next release qr we can expect a similar eps around 1.24?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Iloveshare
944 posts
Posted by Iloveshare > 2016-09-15 11:37 | Report Abuse
hup seng can up to 1.3?