3rd quarter EPS = 20.38 sen
9 months EPS = 47.59 sen
NTA = RM 6.34
Cash in Bank = RM1.5 billion
Review
The year-to-date revenue of RM3,251.4 million was 8.0% higher than the corresponding period
last year with year-to-date profit before tax of RM386.1 million, a 16.2% higher than the
corresponding period last year.
The performance of the automotive retailing subsidiaries for both Malaysia and Singapore was
in tandem with the overall sentiment of the motor industry. The motor vehicle sales in Malaysia
continued to be affected by lower vehicles sales during this current difficult operating
environment. However, motor vehicle sales in Singapore show some sign of recovery as compared to previous two quarters. The performance of other non-automotive related
subsidiaries in the Group was slightly better than expected. The performance of the overseas
plantation was boosted by the significant higher CPO prices and higher crop production.
However, the unfavourable exchange trimmed the contribution resulting in a slightly higher
contribution as compared to last quarter. The performance of the hotel and resort sector was
cyclical and the contribution was higher this quarter.
