Thursday, 8 December 2016

MAGNI Quarterly Report/Announcement

Annoucement date : 15/9/2016 :
MAGNI-TECH INDUSTRIES BERHAD

Financial Year End30 Apr 2017
Quarter1 Qtr
Quarterly report for the financial period ended31 Jul 2016
The figureshave not been audited

Attachments

  • Default Currency
  • Other Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Jul 2016

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Jul 2016
31 Jul 2015
31 Jul 2016
31 Jul 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
271,392
193,818
271,392
193,818
2Profit/(loss) before tax
30,980
20,482
30,980
20,482
3Profit/(loss) for the period
23,530
15,573
23,530
15,573
4Profit/(loss) attributable to ordinary equity holders of the parent
23,529
15,573
23,529
15,573
5Basic earnings/(loss) per share (Subunit)
14.46
9.57
14.46
9.57
6Proposed/Declared dividend per share (Subunit)
5.00
0.00
5.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
2.1300
1.9800

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence

Comparison is made among Q1/2017 and Q1/2016 : 

Revenue increased from 193,818 to 271,392 (+40.02%)

Profit before tax increased from 20,482 to 30,980 (+51.25%)

Profit/(loss) for the period from 15,573 to 23,530 (+51.09%)

Basic earnings/(loss) per share (Subunit) increased from 9.57 to 14.46 (+51.10%)

Net assets per share attributable to ordinary equity holders of the parent ($$) increased 

from 1.98 to 2.13 (7.58%)


Analysis : 

1) This is just the first quarter of the financial year 2017 which already recorded 

increasing of profit 51% and EPS 51%.

2) Shareholders are buying back shares

TAN SRI DATO SRI TAN KOK PING 

18/7/2016 : acquired 35k @ RM 3.84

MR TAN POAY SENG

28/7/2016 : acquired 10k @ RM 3.94; 30k @ RM 3.905

5/8/2016 : acquired 20k @ RM 3.885

8/11/2016 : acquired 20k @ RM 4.105; 30k @ RM 4.180

7/12/2016 : acquired 10k @ RM 4.130



Director buying shares slowly and quietly (cos small amount of share) so won't shock 

the market?


Closing price on 8/12/2016 : RM 4.08


(P/s : Not sure whether analysis above is correct or not as I'm still learning at this stage -

keep note for myself. But wonder why share price is dropping these few days despite 

now already December, suppose to have curtain reno.)



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Quarterly rpt on consolidated results for the financial period ended 31 Oct 2016

MAGNI-TECH INDUSTRIES BERHAD

Financial Year End30 Apr 2017
Quarter2 Qtr
Quarterly report for the financial period ended31 Oct 2016
The figureshave not been audited

Attachments

  • Default Currency
  • Other Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Oct 2016

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Oct 2016
31 Oct 2015
31 Oct 2016
31 Oct 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
279,792
197,342
551,184
391,160
2Profit/(loss) before tax
37,559
28,675
68,539
49,157
3Profit/(loss) for the period
28,521
21,631
52,051
37,204
4Profit/(loss) attributable to ordinary equity holders of the parent
28,520
21,631
52,050
37,204
5Basic earnings/(loss) per share (Subunit)
17.53
13.29
31.99
22.86
6Proposed/Declared dividend per share (Subunit)
5.00
8.00
10.00
8.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7Net assets per share attributable to ordinary equity holders of the parent ($$)
2.2100
1.9800



Comparison is made among Q2/2017 and Q2/2016 : 

Revenue increased from 197,342 to 279,792 (+42%)

Profit before tax increased from 28,67 to 37,559 (+31%)

Profit/(loss) for the period from 21,631 to 28,521 (+32%)

Profit/(loss) attributable to ordinary equity holders of the parent from 21,631 to 28,521 (+32%)

Basic earnings/(loss) per share (Subunit) increased from 13.29 to 17.53 (+32%)

Proposed/Declared dividend per share (Subunit) : from 8 cent to 5 cent (-38%)

Net assets per share attributable to ordinary equity holders of the parent ($$) increased 

from 1.98 to 2.21 (12%)


For Cumulative period : 

Revenue : 391,160 to 551,184 (+41%)

Profit before tax : 49,157 to 68,539 (+39%)

Profit for the period : 37,204 to 52,051 (+40%)

Profit attributable to ordinary equity holders of the parents : 37,204 to 52,050 (+40%)

EPS : 22.86 to 31.99 (+40%)

Proposed/Declared DPS (subunit) : from 8 to 10 (+25%)


Analysis : 

1) 2Q keep on ^ profit, EPS and DPS. very good sign.



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