Tuesday, 29 November 2011

Padini



Company Name
:
PADINI HOLDINGS BERHAD  
Stock Name
:
PADINI  
Date Announced
:
26/08/2011  
Financial Year End
:
30/06/2011
Quarter
:
4
Quarterly report for the financial period ended
:
30/06/2011
The figures
:
have not been audited

Converted attachment :



Please attach the full Quarterly Report here:
PHB_FY11_Q4_Explanatory_Notes_to_Accounts.doc
PHB FY11 Q4_Interim Financial Statements 30 June 2011.xls



Currency
:
Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2011


       
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
       
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
       
30/06/2011
30/06/2010
30/06/2011
30/06/2010
       
$$'000
$$'000
$$'000
$$'000
1Revenue
132,146
114,389
558,561
522,949
2Profit/(loss) before tax
25,363
18,817
104,632
86,280
3Profit/(loss) for the period
18,076
12,041
75,295
60,974
4Profit/(loss) attributable to ordinary equity holders of the parent
18,076
12,041
75,295
60,974
5Basic earnings/(loss) per share (Subunit)
2.75
1.83
11.44
9.27
6Proposed/Declared dividend per share (Subunit)
2.00
3.00
4.00
4.50








AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
0.4300
0.3600

Remarks :
Note that the figures reported for item 6 for the 3 months and the 12 months ended 30 June 2010 respectively have been adjusted for a share split completed in January 2011


12 Months ending 30.6.2011
Annual audited account


Income statement

Revenue  568.476m
Gross profit   290.804m
Profit from operations  106.630m
PBT 105.057m
PAT  75.694m

Finance costs (1.573m)
Taxation (29.363m)

EPS of RM 0.10 each (sen)
-Basic  11.51 sen


Balance Sheet

NCA  94.585m
CA  349.754m
TOTAL ASSETS  444.339m

TOTAL EQUITY  282.677m
NCL  23.715m
CL  137.947m
TOTAL LIABILITIES  161.662m
TOTAL EQUITY AND LIABILITIES  444.339m


Net asset value per share  RM 0.43

Inventories  170.955m
Receivables  39.433m
Payables  93.940m

Deposits, cash and bank balances  138.622m
LT borrowings  22.151m
ST borrowings  24.948m


Cash flow statement

PBT  105.057m
Operating profit before working capital changes  129.019m
Cash generated from operations after working capital changes  60.017m

Net cash (used in)/generated from operating activities  (2.104m)
Net cash used in investing activities  (2.276m)
Net cash generated from financing activities  8.773m


Depreciation of PPE  21.864m
Inventories written down to net realisable value 1.983m

Proceeds from disposal of financial assets at fair value through profit or loss  21.106m
Purchase of PPE (24.728m)



Dividends
30.6.2011  (26.316m)
30.6.2010  (29.606m)



Shares
Number of shares in issue as at 1 July 2011  131.582m
Effect of share split  526.328m
The weighted average number of ordinary shares in issue:  657.910m
Share split was completed on 6.1.2011.

There were no shares in issuance which would have a dilutive effect on the earnings per share of the Group.


Market Watch








Announcement
Date
Financial
Yr. End
QtrPeriod EndRevenue
RM '000
Profit/Lost
RM'000
EPSAmended
26-Aug-1130-Jun-11430-Jun-11132,14618,0762.75-
30-May-1130-Jun-11331-Mar-11147,96024,3863.71-
25-Feb-1130-Jun-11231-Dec-10141,81414,48411.01#2.203#
29-Nov-1030-Jun-11130-Sep-10136,64118,34913.95#2.791#

#EPS adjusted for share split

ttm-EPS  11.45 sen
Price RM 1.08
Trailing PE  9.4x




Share Price Performance
   High
Low
Prices 1 Month
1.080
  (28-Nov-11)
0.985
  (11-Nov-11)
Prices 3 Months1.110  (13-Oct-11)0.820  (26-Sep-11)
Prices 12 Months5.560  (29-Dec-10)0.820  (26-Sep-11)
Volume 12 Months31,695  (14-Jun-11)60  (29-Nov-10)



Padini Holdings Berhad Company Snapshot
Business Description:
Padini Holdings Berhad operates in the Women's clothing stores sector. Padini Holdings Berhad is a Malaysia-based investment holding company. Through its subsidiaries, the Company acts as dealers of ladies' shoes and accessories; acts as dealers of garments and ancillary products; acts as dealers of children's garments, maternity wear and accessories, and provision of management services. During the fiscal year ended June 30, 2010 (fiscal 2010), the Company had a total of 137 stores-within-store. In fiscal 2010, the Company's subsidiaries were Vincci Ladies' Specialties Centre Sdn. Bhd., Padini Corporation Sdn. Bhd., Seed Corporation Sdn. Bhd., Yee Fong Hung (Malaysia) Sendirian Berhad, Mikihouse Children's Wear Sdn. Bhd., Padini Dot Com Sdn. Bhd., Padini International Limited, Vincci Holdings Sdn. Bhd. and The New World Garment Manufacturers Sdn. Bhd.


Stock Data: Recent Stock Performance:

Current Price (11/18/2011): 1.03
(Figures in Malaysian Ringgits)
1 Week 2.0% 13 Weeks -1.0%

4 Weeks 9.6% 52 Weeks -3.2%

Padini Holdings Berhad Key Data:

2011 Sales 568,476,000
(Year Ending Jan 2012).
Employees: 1,762
Market Cap: 677,646,785
Shares Outstanding: 657,909,500
Closely Held Shares: 472,861,460

Stock Performance Chart for Padini Holdings Berhad

23.11.2011

Padini  1.030
PE 8.96x
DY 3.88%
Market cap  RM 677.6

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