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Quarterly Report For The Period Ended 30 September 2009

Financials Archive

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Condensed Consolidated Income Statements

Balance Sheet

Performance review for the quarter and financial year to date

The revenue for the current quarter has decreased to RM 44.084 million, a decline by RM 3.544 million or 7.4%, from RM 47.628 million for the same quarter last year. Revenue contribution from the trading segment declined due to the softer current market.

For the current quarter, the Group recorded a pre-tax profit of RM 9.701 million, compared to a pre-tax profit of RM 9.133 million for the same period of the preceding year. Despite the decrease in revenue from the trading segment, this segment has shown improvement in its pre-tax profit from maintaining our margins, management efficiency and lower provision for inventories write-down.

Current year prospects

The local retail market will remain challenging. The Group will continue to be vigilant and to take pro-active measures to remain competitive in its targeted business segments and to ensure its business model is sustainable.