Professional Documents
Culture Documents
31.03.2014
RM000
Assets
Property, plant and equipment
Prepaid lease payments
Deferred tax assets
43,646
3,859
20
38,214
3,927
27
47,525
42,168
27,453
45,737
686
85,018
29,836
54,798
913
82,806
158,894
168,353
Total assets
206,419
210,521
Equity
Share capital
Reserves
60,000
109,522
60,000
103,910
169,522
163,910
7,328
6,755
176,850
170,665
55
3,976
86
4,275
4,031
4,361
23,257
680
-1,601
27,634
4,948
518
2,395
25,538
35,495
Total liabilities
29,569
39,856
Note
Inventories
Trade and other receivables
Tax recoverable
Cash and bank balances
Minority interest
Total equity
Liabilities
Loans and borrowings
Deferred tax liabilities
21
21
206,419
210,521
The notes on pages 6 to 15 are an integral part of these condensed consolidated interim financial statements.
Note
Individual
3 months ended
31 December
2014
2013
RM000
RM000
Cumulative
9 months ended
31 December
2014
2013
RM000
RM000
39,573
43,247
119,963
129,598
Cost of sales
(31,276)
(34,010)
(96,370)
(100,625)
Gross profit
8,297
9,237
23,593
28,973
1,759
(2,351)
(1,875)
--
505
(1,802)
(1,729)
(78)
3,285
(6,198)
(5,566)
(241)
2,659
(5,170)
(5,762)
(78)
5,830
6,133
14,873
20,622
Revenue
Other income
Distribution expenses
Administrative expenses
Other expenses
Profit from operating
activities
Finance costs
(23)
19
(21)
(66)
(110)
5,807
6,112
14,807
20,512
(1,199)
(1,605)
(3,567)
(5,331)
4,608
4,507
11,240
15,181
4,454
154
4,215
292
10,749
491
14,242
939
4,608
4,507
11,240
15,181
3.71
3.51
8.96
11.87
Attributable to:
Owners of the Company
Minority interest
Profit for the period
Basic and diluted earnings
per ordinary share (sen)
23
The notes on pages 6 to 15 are an integral part of these condensed consolidated interim financial statements.
Cumulative
9 months ended
31 December
2014
2013
RM000
RM000
4,608
4,507
11,240
15,181
972
97
863
1,065
5,580
4,604
12,103
16,246
5,426
4,312
11,612
15,307
154
292
491
939
5,580
4,604
12,103
16,246
Attributable to:
Owners of the Company
Minority interest
The notes on pages 6 to 15 are an integral part of these condensed consolidated interim financial statements.
Minority
interest
RM000
Total
equity
RM000
60,000
1,278
102,632
163,910
6,755
170,665
--
863
10,749
11,612
469
12,081
--
--
--
--
104
104
Dividend to shareholders
--
--
At 31 December 2014
60,000
2,141
At 1 April 2013
60,000
At 1 April 2014
(153)
--
1,065
Dividend to shareholders
--
--
60,000
912
At 31 December 2013
(6,000)
(6,000)
--
(6,000)
107,381
169,522
7,328
176,850
91,108
150,955
5,687
156,642
14,242
15,307
939
16,246
(3,300)
(3,300)
102,050
The notes on pages 6 to 15 are an integral part of these condensed consolidated interim financial statements.
162,962
-6,626
(3,300)
169,588
14,807
20,512
4,224
(2,016)
4,052
(2,150)
17,015
22,414
11,158
(2,181)
(4,427)
(9,020)
2,273
(4,846)
21,565
10,821
(8,535)
(409)
(6,000)
(518)
(4,300)
(5,100)
(225)
(793)
(10,818)
(6,118)
2,212
4,294
82,806
76,668
85,018
80,962
Cash and cash equivalents included in the cash flow statement comprise the following consolidated
statement of financial position amounts:
Cash and bank balances
Deposits with licensed banks
30,758
54,260
37,751
43,211
85,018
80,962
The notes on pages 6 to 15 are an integral part of these condensed consolidated interim financial statements.
1.
Basis of preparation
These condensed consolidated interim financial statements have been prepared in
accordance with the applicable disclosure provisions of the Listing Requirements of the
Bursa Malaysia Securities Berhad and MFRS 134, Interim Financial Reporting in Malaysia
and with IAS 34, Interim Financial Reporting. They do not include all of the information
required for full annual financial statements, and should be read in conjunction with the
consolidated financial statements of the Group as at and for the year ended 31 March 2014.
2.
2.
2.
3.
4.
5.
6.
7.
Dividends
The Company paid following dividends during the current quarter:
(a) a final single tier dividend of 2 sen per ordinary share totalling RM2,400,000 in respect
of the financial year ended 31 March 2014.
(b) an interim single tier dividend of 3 sen per ordinary share totalling RM3,600,000 in
respect of financial year ending 31 March 2015.
8.
Segment information
(a) By Business Segments:
Revenue
9 months ended
31 December
2014
2013
RM000
RM000
Paper packaging
Plastic packaging
Contract manufacturing
and packing
Investment and property
holding
Others
Inter-segment elimination
Finance costs
108,930
17,877
123,848
18,825
12,244
994
18,429
870
15,108
14,121
1,061
1,050
869
2,398
668
1,616
145,182
159,078
(25,219)
(29,480)
119,963
129,598
-119,963
-129,598
606
(32)
587
(314)
14,873
20,622
--
--
14,873
20,622
(66)
14,807
(110)
20,512
87,693
32,270
92,864
36,734
119,963
129,598
10
9.
1,508
(1,293)
(402)
1,373
(250)
(287)
Cumulative
9 months ended
31 December
2014
2013
RM000
RM000
4,224
(1,249)
(1,038)
4,079
(1,309)
(858)
4,058
492
11
1,784
1,810
82
82
270
120
13,376
19,402
54
54
204
163
207
149
Services rendered
403
400
12
13
17. Prospects
The Groups core attention and focus will be maintained in the paper packaging division.
While other avenues and opportunities will continue to be explored and identified, the
Group is mindful that in the prevailing market conditions, caution will be exercised.
The Groups business for the remaining quarter of current financial year will remain
difficult and challenging. Local business confidence and sentiment continue to remain
weak and uncertain, affected by local events. Going forward, the Group will closely
monitor and take appropriate measures to insulate and adapt to the ever changing operating
conditions.
The Group will strive to remain profitable but caution and prudence will be exercised.
1,012
1,508
--
68
1,012
1,576
187
29
1,199
1,605
Cumulative
9 months ended
31 December
2014
2013
RM000
RM000
4,012
(152)
3,860
(293)
3,567
5,374
148
5,522
(191)
5,331
14
31 March
2014
RM000
Non-current
- Secured
55
86
Current
- Secured
- Unsecured
79
601
188
4,760
680
4,948
735
5,034
Total borrowings
4,608
(154)
9 months ended
31 December
2014
11,240
(491)
4,454
10,749
120,000
120,000
3.71
8.96
15
31 March
2014
RM000
129,219
(2,707)
121,602
(1,481)
126,512
120,121
(19,131)
(17,489)
107,381
102,632