| Announcement Date | Financial Yr. End | Qtr | Period End | Revenue RM '000 | Profit/Lost RM'000 | EPS | Amended | ||||||
| 27-Feb-12 | 31-Dec-11 | 4 | 31-Dec-11 | 51,401 | 8,717 | 5.08 | - | ||||||
| 22-Nov-11 | 31-Dec-11 | 3 | 30-Sep-11 | 39,921 | 2,885 | 1.68 | - | ||||||
| 25-Aug-11 | 31-Dec-11 | 2 | 30-Jun-11 | 43,674 | 4,231 | 2.47 | - | ||||||
| 23-May-11 | 31-Dec-11 | 1 | 31-Mar-11 | 38,998 | 3,359 | 1.96 | - | ||||||
| Announcement Date | Financial Yr. End | Qtr | Period End | Revenue RM '000 | Profit/Lost RM'000 | EPS | Amended | ||||||
| 27-Feb-11 | 31-Dec-10 | 4 | 31-Dec-10 | 38,445 | 4,286 | 1.90 | - | ||||||
| 22-Nov-10 | 31-Dec-10 | 3 | 30-Sep-10 | 37,290 | 437 | 0.34 | - | ||||||
| 25-Aug-10 | 31-Dec-10 | 2 | 30-Jun-10 | 31,317 | 1,014 | 0.79 | - | ||||||
| 23-May-10 | 31-Dec-10 | 1 | 31-Mar-10 | 35,207 | 4,082 | 3.40 | - | ||||||
ttm-EPS
2011 11.19 sen
2012 7.39 sen
YoY change +51.4%
Dividend
2011 5.50 sen
2010 4.40 sen
YoY change +25%
Net assets per share
2011 RM 1.100
2010 RM 1.030
YoY change +7.8%
Total Revenue 173.994m
PAT 19.192m
Total Assets 219.050m
Total Equity 188.670m
Cash & Equivalents 42.986m
LT Borrowings 0
ST Borrowings 0
CA 118.006m
CL 30.307m
Inventories 25.336m
Trade receivables 40.904m
Trade Payables 22.768m
OPBWCC 27.438m
Net CFO 9.349m
Capex (PPE) (30.739m)
Ordinary Shares of RM 0.50 each
2011 171.600m
2010 132.891m
Valuations
Price RM 2.39 per share
Market capitalisation 410.1m
ttm-PE 21.4x
DPO 0.49
DY 2.3%
Net Profit Margin 11%
Asset Turnover 0.794x
Financial Leverage 1.16x
ROA 8.7%
ROCE 8.3%
ROE 10.1%
Review of Performance
In the financial period under review, the Group posted a 22% year-on-year revenue growth from RM142.3 million to RM174.0 million; this was mainly due to increased selling price and trading volume of our Fruit Gummy and Beverage production lines. However, during the year, the Malaysian Ringgit has also been steadily strengthening against the US dollar. Consequently the impact of increased selling price on revenue growth was partially negated by the stronger Malaysian Ringgit.
The Group achieved profit before taxation of RM21.7 million, an increase of RM13.4 million or 161% from the previous corresponding period. This improvement in profit was attributable to the increase of sales revenue and production efficiency, especially from the Beverage section, which the Group incurred substantial startup cost during last financial year, higher fixed deposit interest received coupled with lower operating cost during the current period.
Business Description:
Cocoaland Holdings Bhd operates in the Candy & other confectionery products sector. Cocoaland Holdings Berhad (Cocoaland) is an investment holding company.
The Company operates in the business of manufacturing and trading of processed and preserved foods and other related foodstuffs. The Company's products include candy, canister, cookies, drinks, gummy, hamper, juice, pudding and jelly, snack and wafer.
Cocoaland's subsidiaries include
- Cocoaland Industry Sdn Bhd, which is engaged in manufacturing and trading of processed and preserved foods and fruits of all kinds;
- L.B. Food Sdn Bhd, which is engaged in the wholesale and retail of processed and preserved foods;
- B Plus Q Sdn Bhd, a manufacturer of fruit juice and foodstuffs;
- Greenhome Marketing Sdn. Bhd., which is engaged in the marketing, trading and distributing of all kinds of beverages and foodstuff;
- Lot 100 Food Co. Ltd., which is engaged in the wholesaling, import and export of gummy products and other product, and
- M.I.T.E. Food Enterprise Sdn Bhd, which is engaged in trading and distribution of foodstuffs.
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