Last year they gave out rm0.10 before split. This year may be around rm0.50.. if they give lower then shareholders may sell like the last dividend issue....if more then will go up above rm5 ;)
Cause dividend going to announce, wait for ahealth next year with jump above rm5 too nearing announcement date. That time should have rm0.10 to rm0.11 dividend like past records.
Performance Review B18. Material Changes in Quarterly Results Compared to The Results of the Immediate Preceding Quarter B19. Prospects B20. Notes on variance in actual profit and shortfall in profit guarantee Forthethirdquarter,theGroup’sunauditedrevenueofRM440.8millionwas3.4%highercomparedwithRM426.5millionrecordedinthecorrespondingperiodlastyear.However,theGroup’sprofitbeforetax(PBT)ofRM13.5millionforthequarterunderreviewsawareductioncomparedwithRM28.5millionrecordedinthepreviousyear’scorrespondingquarter,onthebackoflowergrossprofitandhigher operating expenses. Revenueforthenine-monthperiodrosetoRM1.38billion,a3.7%increasefromRM1.33billionforthesameperiodin2012.Thisimprovedrevenuewasattributabletostrongercontributionsfromnon-concessionbusiness,whichincludedtheprivatesectorandGroup’s Indonesian operations.Cumulatively,PBTfortheperiodwasRM60.0millioncomparedwithRM99.1millionforthecorrespondingperiodlastyear.ThiswasduetoreducedordersfromtheconcessionbusinessasaresultofbudgetreviewsbyGovernmenthospitalsandhigherprovisionfordoubtful debts.TheLogisticsandDistributionDivisionpostedalowerPBTofRM10.7millionforthenine-monthperiod,comparedwithRM58.6millionforlastyear’scorrespondingperiod.Thiswasaresultoflowercontributionsfromtheconcessionbusinessandhigherprovisionfor doubtful debts.TheManufacturingDivisionrecordedanincreasedPBTofRM49.3millionforthefirstninemonthscomparedwithRM40.5millioninthepreviousyear’scrrespondingperiod.Thiswasattributabletothehigheroff-takeforin-houseproductswhichledtoincreasedproduction volumes. Thedisclosurerequirementsforexplanatorynotesforthevarianceofactualprofitaftertaxandnon-controllinginterestandshortfallinprofit guarantee are not applicable. Inlinewithitslongtermgrowthstrategy,theGroupcontinuestopursueopportunitiestoexpandtointernationalmarkets.Towardsthisend,duringthequarterunderreview,theGroupwasawardedEuropeanUnion(“EU”)certificationforoursmallvolumeinjectablemanufacturingplant.Asaresultofthiscertification,theGroupwilleventuallybeabletoacceptcontractmanufacturingprojectsfrommultinational companies in the EU. Onthedomesticfront,theGroupiscognisantthatseasonalmarketforcesmayresultindownwardpressureondemand,whichcouldhaveanimpactontheGroup’sperformancefortheremainderoftheyear.Inordertomitigatethis,theGroupwillmaintainprudentriskmanagementpracticesandcontinuouslybuildourcorebusinessesbyimplementingmarketstrategiestomeetstakholders’requirementsand expectations. TheGroup’srevenueofRM440.8millionforthecurrentquarterunderreviewwasmarginallyhighercomparedwithRM437.6millionintheimmediateprecdingquarter.TheGroupregisteredanincreasedPBTofRM13.5millionforthequarterunderreviewcomparedwithRM9.6 million in the previous quarter, primarily due to improved revenue from the non-concession business.TheLogistics&DistributionDivisionregisteredalossbeforetaxationofRM3.4millioncomparedwithaPBTofRM1.5millionintheimmediate preceding quarter, as a result of higher overheads and provision for doubtful debts.TheManufacturingDivisionrecordedahigherPBTofRM16.9millioncomparedwithRM8.1millioninthequarterunderreview,mainly attributable to higher off-take for in-house products.
thought i cud enjoy my morning coffee but THIS....
in the report, it says PBT drops becoz of reduction in concession business from the govt and provision of doubtful debts. this meant they have been selling to govt at skyhigh prices and now govt does not want to pay and so debts provision ????? does it mean this way ??? someone from govt already pocketted the $$$$$ and now govt does not want to pay pharma :(
Connie, Govt not paying... So how to keep supplying?? Also concession to them also not renewed with govt. so likely will adjust downwards till hear good news again next year... Perhaps.
what rubbish biz acumen are the management doing? Looks like they are useless in everything - they are not new -2nd time concession renewal and yet can they said high overhead & higher provision for bad debts. Finished already if continue in 2014..
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Posted by trump2013 > 2013-10-18 10:17 | Report Abuse
rm5.20 no problem..next top gainer..