星期五, 十二月 12, 2008

TANJUNG - Q3 ended Oct 31 2008 Results

Individual Period
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Net Profit : 44.5% drop to RM97.1mil
Reason :
- Partly due to a charge of RM55mil related to a one-off windfall levy imposed on its Malaysian power plants.

Revenue : jumped 42.6% to RM986.5mil
Reason :
- Mainly due to contribution totalling RM176mil from its Globeleq Ltd power plants in Egypt, Bangladesh, Pakistan and Sri Lanka which were acquired in November last year.

Pre-tax profit : fell to RM139mil from RM239mil
Reason :
- Windfall levy charge
- Reduced contribution from the gaming division arising from fewer draws and a higher payout ratio. The number forecast operations (NFO) saw its prize payout ratio rising to 66% during the period versus 62% a year ago.

Cummulative Period
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Pre-tax Profit : rose to RM600.61mil from RM560.81mil
Revenue : increased to RM2.64bil from RM1.94bil

Power Generation Revenue : 51% increase to RM1.94bil from RM1.29bil
NFO Gross Sales : dropped by 4% to RM1.46bil from RM1.52bil due to fewer draws being conducted.

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