QL Resources Bhd

Company Name	:	QL RESOURCES BERHAD
Stock Name	:	QL
Date Announced	:	21/11/2011

Financial Year End	:	31/03/2012
Quarter	:	2
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:

QL Qtrly announcement-2nd quarter 30 9 2011.xls

Remark:

c.c. Securities Commission

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	30/09/2011
		$$'000	$$'000	$$'000	$$'000
1	Revenue	495,184	438,725	949,751	823,239
2	Profit/(loss) before tax	47,770	42,813	83,969	75,992
3	Profit/(loss) for the period	38,521	36,405	68,375	64,611
4	Profit/(loss) attributable to ordinary equity holders of the parent	38,001	33,008	65,791	59,805
5	Basic earnings/(loss) per share (Subunit)	4.57	4.21	7.91	7.64
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.9200		0.8800

6 Month ending 30-11-2011

Income Statement

Revenue 949.751m

PBT 83.969m

PAT 68.375m

EPS 

Basic 7.91 sen

Depreciation and Amortisation (26.175m)

Finance costs (10.414m)

Balance Sheet

ASSETS

NCA 1,023.290m

CA 638.405m

TOTAL ASSETS 1,661.695m

EQUITY AND LIABILITIES

Total Equity 831.012m

NCL 334.870m

CL 495.813m

TOTAL LIABILITIES 830.683m

TOTAL EQUITY AND LIABILITIES  1,661.695m

Net Assets per share RM 0.92 

Inventories 208.100m

Biological assets 40.214m

Trade receivables 154.570m

Payables 127.726m

Cash and cash equivalents  145.745m

LT borrowings 285.231

ST borrowings 361.833m

Dividends attributable to shareholder

30.9.2011  (35.357m)

30.9.2010  (29.503m)

Cash flow statement

Net cash from operating activities 66.816m

Net cash used in investing activities (144.405m)

Net cash from financing activities  101.277m

Number of ordinary shares in issue  832.000m

Market Watch

Recent Financial Results

Announcement Date		Financial Yr. End		Qtr	Period End		Revenue RM '000		Profit/Lost RM'000		EPS		Amended
22-Aug-11		31-Mar-12		1	30-Jun-11		454,566		29,855		3.34		-
24-Feb-11		31-Mar-11		3	31-Dec-10		450,949		35,749		8.41		-
22-Nov-10		31-Mar-11		2	30-Sep-10		438,725		36,405		8.43		-
23-Aug-10		31-Mar-11		1	30-Jun-10		384,514		28,207		6.86		-

Share Price Performance    High   Low Prices 1 Month 2.990   (16-Nov-11) 2.840   (01-Nov-11)   Prices 3 Months 3.010   (02-Sep-11) 2.510   (26-Sep-11) Prices 12 Months 6.260   (03-Jan-11) 2.510   (26-Sep-11) Volume 12 Months 31,481   (08-Feb-11) 415   (01-Dec-10) 23.11.2011 Price RM 2.90 PE  17.82x DY  1.47% Market cap  2412.8m