| Financial Statements |
| |
| Years: 2010 | 2009 | 2008
The information is retrieved from Annual Report 2010 |
| |
| |
GROUP
2010
RM |
|
GROUP
2009
RM |
|
| |
| REVENUE |
29,491,522 |
|
28,255,504 |
|
| |
| COST OF SALES |
(20,169,832) |
|
(20,064,643) |
|
| |
|
|
| GROSS PROFIT |
9,321,690 |
|
8,190,861 |
|
| |
| OTHER INCOME |
838,589 |
|
230,249 |
|
| |
|
|
| |
10,160,279 |
|
8,421,110 |
|
| |
| MARKETING AND DISTRIBUTION EXPENSES |
(3,256,255) |
|
(3,025,651) |
|
| |
| ADMINISTRATIVE EXPENSES |
(2,138,940) |
|
(2,068,384) |
|
| |
| OTHER OPERATING EXPENSES |
(1,801,680) |
|
(1,031,017) |
|
| |
| FINANCE EXPENSES |
(445,526) |
|
(416,828) |
|
| |
|
|
| PROFIT BEFORE TAXATION |
2,517,878 |
|
1,879,230 |
|
| |
| INCOME TAX EXPENSE |
(370,056) |
|
(126,024) |
|
| |
|
|
| PROFIT AFTER TAXATION |
2,147,822 |
|
1,753,206 |
|
| |
| OTHER COMPREHENSIVE INCOME |
3,187,664 |
|
- |
|
| |
|
|
| TOTAL COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR |
5,335,486 |
|
1,753,206 |
|
| |
|
|
| PROFIT AFTER TAXATION ATTRIBUTABLE TO OWNERS OF THE COMPANY |
2,147,822 |
|
1,753,206 |
|
| |
|
|
| TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO OWNERS OF THE COMPANY |
5,335,486 |
|
1,753,206 |
|
| |
|
|
| EARNINGS PER SHARE ATTRIBUTABLE TO OWNERS OF THE COMPANY |
| - Basic |
1.4 sen |
|
1.2 sen |
|
| |
|
|
| |
| |
GROUP
2010
RM |
|
GROUP
2009
RM |
|
| |
| ASSETS |
| |
| NON-CURRENT ASSETS |
| Property, plant and equipment |
15,348,577 |
|
9,534,051 |
|
| Product development expenditure |
1,008,704 |
|
1,436,480 |
|
| Goodwill |
57,958 |
|
57,958 |
|
| Quoted investments |
16,090 |
|
11,094 |
|
| |
|
|
| |
16,431,329 |
|
11,039,583 |
|
| |
| CURRENT ASSETS |
| Inventories |
9,998,009 |
|
10,605,126 |
|
| Trade receivables |
6,128,842 |
|
7,454,838 |
|
| Other receivables and deposits |
357,035 |
|
174,317 |
|
| Tax refundable |
81,498 |
|
718,347 |
|
| Fixed deposits with licensed banks |
4,862,154 |
|
5,248,922 |
|
| Cash and bank balances with licensed banks and other financial institution |
6,538,059 |
|
4,791,325 |
|
| |
|
|
| |
27,965,597 |
|
28,992,875 |
|
| |
|
|
| TOTAL ASSETS |
44,396,926 |
|
40,032,458 |
|
| |
|
|
| |
| EQUITY AND LIABILITIES |
| |
| EQUITY |
| Share capital |
14,939,050 |
|
14,939,050 |
|
| Reserves |
13,525,503 |
|
9,089,104 |
|
| |
|
|
| TOTAL EQUITY |
28,464,553 |
|
24,028,154 |
|
| |
|
|
| |
| NON-CURRENT LIABILITIES |
| Long-term borrowings |
5,211,767 |
|
3,949,830 |
|
| Deferred taxation |
522,845 |
|
452,492 |
|
| |
|
|
| |
5,734,612 |
|
4,402,322 |
|
| |
|
|
| |
| CURRENT LIABILITIES |
| Trade payables |
4,193,871 |
|
5,487,537 |
|
| Other payables and accruals |
2,406,060 |
|
2,472,680 |
|
| Amount owing to directors |
33,806 |
|
27,287 |
|
| Short-term borrowings |
2,667,681 |
|
3,614,478 |
|
| Dividend payable |
896,343 |
|
- |
|
| |
|
|
| |
10,197,761 |
|
11,601,982 |
|
| |
|
|
| TOTAL LIABILITIES |
15,932,373 |
|
16,004,304 |
|
| |
|
|
| TOTAL EQUITY AND LIABILITIES |
44,396,926 |
|
40,032,458 |
|
| |
|
|
| |
| NET ASSETS PER SHARE |
19.05 sen |
|
16.08 sen |
|
| |
|
|
| |
| |
GROUP
2010
RM |
|
GROUP
2009
RM |
|
| |
| CASH FLOWS FROM / (FOR) OPERATING ACTIVITIES |
| Profit before taxation |
2,517,878 |
|
1,879,230 |
|
| |
| Adjustments for:- |
| Amortisation of product development expenditure |
248,687 |
|
176,086 |
|
| Depreciation of property, plant and equipment |
644,668 |
|
492,568 |
|
| Interest expense |
412,983 |
|
393,379 |
|
| Inventories written off |
508,471 |
|
- |
|
| Product development expenditure written off |
179,089 |
|
- |
|
| Dividend income |
(720) |
|
- |
|
| Gain on disposal of plant and equipment |
(32,238) |
|
(2,397) |
|
| Interest income |
(132,495) |
|
(113,671) |
|
| Income from unit trust deposit with other financial institution |
(70) |
|
- |
|
| Unrealised gain on foreign exchange |
(106,362) |
|
- |
|
| |
|
|
| Operating profit before working capital changes |
4,239,891 |
|
2,825,195 |
|
| Decrease in inventories |
98,646 |
|
106,785 |
|
| Decrease / (Increase) in trade and other receivables |
1,295,065 |
|
(165,175) |
|
| (Decrease) / Increase in trade and other payables |
(2,373,714) |
|
1,819,869 |
|
| |
|
|
| CASH FROM OPERATIONS |
3,259,888 |
|
4,586,674 |
|
| Interest paid |
(390,707) |
|
(393,379) |
|
| Net tax refunded |
154,408 |
|
304,304 |
|
| |
|
|
| NET CASH FROM OPERATING ACTIVITIES |
3,023,589 |
|
4,497,599 |
|
| |
|
|
| |
| CASH FLOWS (FOR) / FROM INVESTING ACTIVITIES |
| Dividend received |
720 |
|
- |
|
| Interest received |
132,495 |
|
113,671 |
|
| Income from unit trust deposit with other financial institution |
70 |
|
- |
|
| Proceeds from disposal of plant and equipment |
138,889 |
|
3,998 |
|
| Purchase of property, plant and equipment |
(3,065,089) |
|
(665,550) |
|
| Product development expenditure incurred |
- |
|
(391,274) |
|
| |
|
|
| NET CASH FOR INVESTING ACTIVITIES |
(2,792,915) |
|
(939,155) |
|
| |
| CASH FLOWS FROM / (FOR) FINANCING ACTIVITIES |
| Advances from / (Repayment to) directors |
6,522 |
|
(138,662) |
|
| Drawdown of term loans |
5,557,883 |
|
- |
|
| Repayment of hire purchase obligations |
(206,737) |
|
(107,797) |
|
| Repayment of term loans |
(4,228,376) |
|
(466,086) |
|
| Dividend paid |
- |
|
(1,792,686) |
|
| |
|
|
| NET CASH FROM / (FOR) FINANCING ACTIVITIES |
1,129,292 |
|
(2,505,231) |
|
| |
|
|
| |
| NET INCREASE IN CASH AND CASH EQUIVALENTS |
1,359,966 |
|
1,053,213 |
|
| |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR |
10,040,247 |
|
8,987,034 |
|
| |
|
|
| CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR |
11,400,213 |
|
10,040,247 |
|
| |
|
|
| |
|
|
| Quick Links |
|
|
|
| |
|
|
| |
 |
Email Alerts |
|
|
|
|
