1. Performance Review
The Group recorded a higher turnover and profit before tax for the current quarter as compared to the corresponding quarter of the previous year due to overall better performance, particularly at its subsidiary, Carotech Bhd with a growth in turnover of 75% as compared to the same period of financial year 2006. This growth is due to the increase in capacity to 32,000mt since August 2006 from its new plant.
2. Results comparison with preceding quarter
Quarter ended 31-Dec-06 30-Sep-06
RM '000 RM '000
Turnover 44,688 42,977
Profit before taxation 9,447 7,222
3. Prospect
Barring any unforeseen circumstances, the outlook for the Group would be satisfactory as the Group is actively securing new overseas market and registration of new products. The plant expansion program at its subsidiary, Carotech Bhd will contribute to better performance of the Group and is expected to continue doing so.
4. EPS is 0.78 sen after share split.
