latitude tree holdings bhd (7006) Snapshot

Latitude Tree Holdings Berhad announced unaudited consolidated financial results for the second quarter and six months ended December 31, 2017. For the second quarter, the company's revenue was MYR 196,839,000 as compared to MYR 209,365,000 a year ago. Operating profit was MYR 10,265,000 as compared to MYR 35,746,000 a year ago. Profit before taxation was MYR 9,450,000 as compared to MYR 35,075,000 a year ago. Profit attributable to owners of the parent was MYR 7,682,000 as compared to MYR 31,997,000 a year ago. Earnings per share, basic and diluted were 7.90 sen per share against 32.92 sen per share a year ago. For the six months, the company's revenue was MYR 413,617,000 as compared to MYR 414,768,000 a year ago. Operating profit was MYR 28,547,000 as compared to MYR 60,394,000 a year ago. Profit before taxation was MYR 27,024,000 as compared to MYR 59,135,000 a year ago. Profit attributable to owners of the parent was MYR 23,092,000 as compared to MYR 53,090,000 a year ago. Earnings per share, basic and diluted were 23.76 sen per share against 54.62 sen per share a year ago. Net cash generated from operating activities was MYR 37,439,000 as compared to MYR 23,884,000 a year ago. Purchase of property, plant and equipment was MYR 9,241,000 as compared to MYR 5,574,000 a year ago.

Latitude Tree Holdings Bhd reported unaudited consolidated financial results for the first quarter ended September 30, 2017. For the quarter, revenue was MYR 216,778,000 against 205,403,000 a year ago. Operating profit was MYR 18,282,000 against MYR 24,648,000 a year ago. Profit before tax was MYR 17,574,000 against MYR 24,060,000 a year ago. Profit for the period was MYR 15,410,000 against MYR 21,093,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 15,410,000 against MYR 21,093,000 a year ago. Basic and diluted earnings per share was 15.85 sen against 21.70 sen a year ago. Net cash flows from operating activities was MYR 18,627,000 against cash used in operating activities of MYR 4,717,000 a year ago. Purchase of property, plant and equipment was MYR 5,686,000 against MYR 2,034,000 a year ago.

Latitude Tree Holdings Berhad, Annual General Meeting, Nov 28, 2017, at 14:00 Singapore Standard Time. Location: Putra Room, Kelab Golf Sultan Abdul Aziz Shah No. 1, Rumah Kelab, Jalan Kelab Golf 13/6, 40100 Shah Alam Selangor Darul Ehsan Selangor Malaysia Agenda: To receive the audited financial statements for the financial year ended 30 June 2017 together with reports of the directors and the auditors thereon; to approve a final tax exempt dividend of 12.0 sen per share for the financial year ended 30 June 2017; to approve payment of directors fees; to re-elect the directors retiring under Articles 85 and 113 of the Articles of Association of the company; to re-appoint Messrs Ernst & Young as auditors of the company and to authorise the directors to fix their remuneration.