Tuesday 22 August 2017

DAGANG NEXCHANGE BERHAD 22.8.2017

Prospects for 2017

The Group’s Information Technology business continues to firm up its e-services by broadening its product range in business-to-business segment to complement the Group’s position in delivering business-to-government services.

The award to supply Portable Container Systems (“PCS”) for petroleum products by Petro Teguh (M) Sdn Bhd, is in line with our plan to pursue opportunistic contracting work in Oil & Gas downstream sector leveraging on OGPC’s expertise in delivering innovative engineered systems in short-cycle projects. This PCS project augurs well with our strategy to expand on the Group’s Energy division and further strengthen this business segment and provide growth moving forward.

Barring any unforeseen circumstances, the Group expects to deliver positive results for the year 2017.


SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2017

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2017
30 Jun 2016
30 Jun 2017
30 Jun 2016
$$'000
$$'000
$$'000
$$'000
1Revenue
49,108
47,421
92,933
74,313
2Profit/(loss) before tax
13,308
91,531
29,451
97,803
3Profit/(loss) for the period
11,664
89,776
26,667
94,456
4Profit/(loss) attributable to ordinary equity holders of the parent
11,929
89,500
27,009
94,873
5Basic earnings/(loss) per share (Subunit)
0.68
11.54
1.55
12.24
6Proposed/Declared dividend per share (Subunit)
0.50
0.00
0.50
1.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2400
0.2300

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