Latexx

Financial Results

Reference No CG-111120-69039

Company Name	:	LATEXX PARTNERS BERHAD
Stock Name	:	LATEXX
Date Announced	:	21/11/2011

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:

3RD_QTR-2011(final).xls
Latexx-Notes-3Q11[final].doc

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	121,813	129,878	350,919	390,532
2	Profit/(loss) before tax	14,130	20,168	49,488	67,531
3	Profit/(loss) for the period	12,730	17,625	43,058	59,891
4	Profit/(loss) attributable to ordinary equity holders of the parent	12,730	17,625	43,058	59,891
5	Basic earnings/(loss) per share (Subunit)	5.17	8.19	18.86	28.76
6	Proposed/Declared dividend per share (Subunit)	0.00	2.50	2.50	5.00
		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 ($$)	1.2300		1.0700

9 Months Ended 30/11/2011

Income Statement

Revenue 350.919m

PBT 49.488m

PAT 43.058m

EPS

Basic 19.41 sen

Diluted 17.03 sen

Finance costs  (4.814m)

Taxation  (6.430m)

Balance Sheet

ASSETS

NCA 257.905m

CA 213.004m

TOTAL ASSET  470.909m

EQUITY AND LIABILITIES

Total equity 273.739m

NCL 65.464m

CL 131.706m

Total liabilities  197.170m

TOTAL EQUITY AND LIABILITIES 470.909m

Net Assets per Share RM 1.23

Inventories 64.025m

Trade receivables 78.645m

Trade payables 56.149m

Cash and bank balances 64.805m

LT borrowings 15.551m

LT Finance lease payables 39.952m

ST borrowings 39.337m

Current portion of LT borrowings 4.516m

ST Finance lease payables 12.334m

Dividends

30.9.2011  (5,552m)

31.12.2010  (10.707m)

Cash Flow Statement

Net Cash Flows from operating activities  21.101m

Net Cash Used in Investing Activities (19.873m)

Net Cash Used in Financing Activities 3.191m

Weighted average number of ordinary shares in issue 221.849m.  

Adjusted weighted average number of ordinary shares in issue and issuable  252.816m

Market Watch

Recent Financial Results

Announcement Date		Financial Yr. End		Qtr	Period End		Revenue RM '000		Profit/Lost RM'000		EPS		Amended
21-Nov-11		31-Dec-11		3	30-Sep-11		121,813		12,730		5.17		-
12-Aug-11		31-Dec-11		2	30-Jun-11		134,360		17,601		7.93		-
16-May-11		31-Dec-11		1	31-Mar-11		94,747		12,728		5.82		-
21-Feb-11		31-Dec-10		4	31-Dec-10		106,791		10,459		4.78		-

ttm-EPS 23.7 sen

Price RM 1.97

PE 8.3 x

Share Price Performance
	High   Low Prices 1 Month 2.120   (14-Nov-11) 1.750   (03-Nov-11)   Prices 3 Months 2.120   (14-Nov-11) 1.170   (23-Sep-11) Prices 12 Months 2.940   (02-Feb-11) 1.170   (23-Sep-11) Volume 12 Months 128,697   (04-Oct-11) 429   (10-Mar-11)

23.11.2011

Price RM 1.90

PE 8.83 x 

DY 3.95%

Market Cap RM 423.4m

ROE 15.7%