Dutch Lady

Company Name	:	DUTCH LADY MILK INDUSTRIES BERHAD
Stock Name	:	DLADY
Date Announced	:	15/11/2011

Financial Year End	:	31/12/2011
Quarter	:	3
Quarterly report for the financial period ended	:	30/09/2011
The figures	:	have not been audited

Converted attachment :

Please attach the full Quarterly Report here:

BMSB-Sep1110_Final.pdf

Currency	:	Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION

30/09/2011

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2011	30/09/2010	30/09/2011	30/09/2010
		$$'000	$$'000	$$'000	$$'000
1	Revenue	201,708	183,619	599,243	539,857
2	Profit/(loss) before tax	31,994	20,332	103,976	74,161
3	Profit/(loss) for the period	23,600	13,322	79,711	53,052
4	Profit/(loss) attributable to ordinary equity holders of the parent	23,600	13,322	79,711	53,052
5	Basic earnings/(loss) per share (Subunit)	36.87	20.82	124.55	82.89
6	Proposed/Declared dividend per share (Subunit)	35.00	35.00	35.00	35.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	3.9800		3.0900

9 Month 30/09/2011

Income Statement

Revenue 599.243m

Gross Profit 226.865m

Operating Profit (EBIT) 102.462m

PBT 103.976m

PAT 79.711m

EPS 9M

Basic 124.55 sen

(Based on 64 m ordinary shares)

Finance Costs (0.283m)

Interest Income 1.797m

Income Tax Expenses  (24.265m)

Balance Sheet

ASSETS

NCA 70.939m

CA 318.446m

TOTAL ASSETS 389.385m

TOTAL EQUITY 254.783m

NCL 4.051m

CL 130.551m

TOTAL LIABILITIES 134.602m

TOTAL EQUITY AND LIABILITIES 389.385m

Net assets per share RM 3.98

Inventories  93.225m

Trade and other receivables 78.466m

Trade and other payables 118.797m

Cash and cash equivalents 145.772m

LT Borrowings 0.0m

ST Borrowings 0.0m

Dividend

30.09.2011  (22.400m)

30.09.2010  (18.053m)

Cash flow statement

Net Cash from operating activities  86.444m

Net cash used in investing activities (3.646m)

Net cash used in financing activities (22.683m)

Capex (additions of PPE)  (6.486m)

FCF 79.958m

Ordinary shares 64m

Market Watch

Recent Financial Results

Announcement Date		Financial Yr. End		Qtr	Period End		Revenue RM '000		Profit/Lost RM'000		EPS		Amended
15-Nov-11		31-Dec-11		3	30-Sep-11		201,708		23,600		36.87		-
18-Aug-11		31-Dec-11		2	30-Jun-11		200,892		27,775		43.40		-
18-May-11		31-Dec-11		1	31-Mar-11		196,643		28,338		44.28		-
25-Feb-11		31-Dec-10		4	31-Dec-10		161,833		10,835		16.93		-

ttm-EPS  141.48 sen
Price RM 23.50
Trailing PE 16.6x

High Low Prices 1 Month 23.800   (22-Nov-11) 19.800   (03-Nov-11) Prices 3 Months 23.800   (22-Nov-11) 17.200   (26-Sep-11) Prices 12 Months 23.800   (22-Nov-11) 15.280   (28-Feb-11) Volume 12 Months 2,606   (19-Aug-11) 2   (14-Jul-11)

23.11.2011

Price  RM 23.60

PE 18.82x

DY 1.06%

Market Cap 1510.4m

ROE 35.5%