Financials
Quarterly Report For The Period Ended 30 April 2009
Financials Archive
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 2009
| Current Year Quarter 30/4/2009 RM'000 |
Preceding Year Quarter 30/4/2008 RM'000 |
||
| Revenue | 27,927 | 24,041 | |
| Other Operating Income | 1,282 | 1,211 | |
| Other Operating Expenses | (21,307) | (18,644) | |
| 7,902 | 6,608 | ||
| Finance Cost | (1) | (1) | |
| Profit Before Taxation | 7,901 | 6,607 | |
| Taxation | B(5) |
(2,571) | (2,253) |
| Profit For The Financial Period | 5,330 | 4,354 | |
| Attributable To: | |||
| Equity holders Of The Company | 5,330 | 4,367 | |
| Minority Interests | - | (13) | |
| 5,330 | 4,354 | ||
| Earnings Per Share Attributable To The Equity Holders Of The Company (sen) | |||
| Basic Earnings Per Share | 6.0 | 4 .9 | |
| Fully Diluted Earnings Per Share | N/A | N/A | |
Review of Performance
For the second quarter under review, the Group's revenue increased by 16% from RM24.0 million last year to RM27.9 million. The Group's profit before taxation grew by 20% from RM6.6 million last year to RM7.9 million.
For the period ended 30 April 2009, the Group's revenue increased by 16% from RM42.1 million last year to RM48.8 million. In line with the higher revenue achieved, the Group's profit before taxation for the period ended 30 April 2009 increased by 27% from RM8.0 million last year to RM10.2 million.
The growth in revenue and profits for both the second quarter and financial year-to-date was driven by higher student numbers and increase in the number of programmes offered.
Condensed Consolidated Balance Sheet As At 30 April 2009
| Unaudited As at end of Current Quarter 30/4/2009 RM'000 |
Audited As at preceding financial year ended 31/10/2008 RM'000 |
|
| NON-CURRENT ASSETS | ||
| Property and equipment | 46,854 | 47,910 |
| Intangible assets | 3,468 | 3,490 |
| 50,322 | 51,400 | |
| CURRENT ASSETS | ||
| Trade receivables | 4,927 | 2,608 |
| Other receivables | 7,858 | 8,322 |
| Tax recoverable | 32 | 85 |
| Cash and cash equivalents | 74,585 | 74,005 |
| 87,402 | 85,020 | |
| CURRENT LIABILITIES | ||
| Fees received in advance | 17,602 | 18,499 |
| Other payables | 27,067 | 32,636 |
| Hire purchase creditors | 11 | 14 |
| Tax payable | 1,513 | 2 94 |
| 46,193 | 51,443 | |
| NET CURRENT ASSETS | 41,209 | 33,577 |
| 91,531 | 84,977 | |
| EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY | ||
| Share capital | 44,388 | 44,388 |
| Share premium | 2,533 | 2 ,533 |
| Retained earnings | 42,637 | 36,080 |
| Total Equity | 89,558 | 83,001 |
| NON-CURRENT LIABILITIES | ||
| Deferred tax liabilities | 1,973 | 1,973 |
| Hire purchase creditors | - | 3 |
| 1,973 | 1,976 | |
| 91,531 | 84,977 | |
| Net Assets Per Share (RM) | 1.01 | 0.93 |