logo tagline    

 
Financials

Quarterly Report For The Period Ended 30 April 2010


Financial Statement and Notes (115KB)

Get Adobe Reader Note: Files are in Adobe (PDF) format.
Please download the free Adobe Acrobat Reader to view these documents.

Unaudited Condensed Consolidated Income Statement For The Period Ended 30 April 2010

  Current Year Quarter
30/4/2010
RM'000
Preceding Year Quarter
30/4/2009
RM'000
Current Year-To-Date
30/4/2010
RM'000
Preceding Year-To-Date
30/4/2009
RM'000
Revenue 30,976 27,927 54,487 48,782
Other Operating Income 1,833 1,282 2,66 2,321
Other Operating Expenses (22,699) (21,307) (43,280) (40,898)
  10,110 7,902 13,873 10,205
Finance Cost - (1) (1) (2)
         
Profit Before Taxation 10,110 7,901 13,872 10,203
Taxation
B(5)
(3,137) (2,571) (4,481) (3,646)
Profit For The Financial Period 6,973 5,330 9,391 6,557
         
Attributable To:        
Equity holders Of The Company 6,973 5,330 9,391 6,557
         
         
         
Earnings Per Share Attributable To The Equity Holders Of The Company (sen)        
Basic Earnings Per Share 7.9 6.0 10.6 7.4
Fully Diluted Earnings Per Share N/A N/A N/A N/A
(The Condensed Consolidated Income Statement should be read in conjunction with the Annual Financial Report for the year ended 31 October 2009)
 

Review of Performance


For the second quarter under review, the Group’s revenue increased by 11% from RM27.9 million last year to RM31.0 million. The Group's profit before taxation grew by 28% from RM7.9 million last year to RM10.1 million.

For the period ended 30 April 2010, the Group's revenue increased by 12% from RM48.8 million last year to RM54.5 million. In line with the higher revenue achieved, the Group's profit before taxation for the period ended 30 April 2010 increased by 36% from RM10.2 million last year to RM13.9 million.

The growth in profit was driven by increase in revenue mainly from our home-grown programmes and prudent cost management.
 

Condensed Consolidated Balance Sheet As At 30 April 2010

  Unaudited As at end of Current Quarter
30/4/2010
RM'000
Audited As at preceding financial year ended
30/4/2009
RM'000
NON-CURRENT ASSETS    
Property and equipment 46,631 47,493
Intangible assets 3,605 3,560
  50,236 51,053
     
CURRENT ASSETS    
Trade receivables 4,908 3,279
Other receivables 19,814 7,098
Tax recoverable 80,738 849
Cash and cash equivalents 80,738 87,719
  105,536 98,945
 TOTAL ASSETS  155,772  149,998
     
EQUITY AND LIABILITIES    
Equity attributable to equity holders of the Company    
Share capital 44,388 44,388
Share premium 2,533 2,533
Retained earnings 58,924 49,533
Total Equity 105,845 96,454
     
Non-current liabilities    
Deferred tax liabilities 3,580  3,580
     
Current liabilities    
Fees received in advance 18,004 20,331
Other payables 27,742  29,629
Hire purchase creditors - 4
  46,347 49,964
Total Liabilities
49,927 53,544
TOTAL EQUITY AND LIABILITIES 155,772 149,988
Net Assets Per Share (RM) 1.19 1.09
     
     
     
     
(The Condensed Consolidated Balance Sheet should be read in conjunction with the Annual Financial Report for the year ended 31 October 2009)
© HELP INTERNATIONAL CORPORATION. All rights reserved