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Quarterly Rpt On Consolidated Results For The Financial Period Ended 30/4/2008

BackJun 25, 2008

Financial Results
Reference No CC-080625-54204

Company Name
:
SCGM BHD
Stock Name
:
SCGM
Date Announced
:
25/06/2008
Financial Year End
:
30/04/2008
Quarter
:
4
Quarterly report for the financial period ended
:
30/04/2008
The figures
:
have not been audited

Converted attachment :



Please attach the full Quarterly Report here:
SCGMnotes-Qtr408.doc
SCGM qtr4 08(1).xls


Remark:




SUMMARY OF KEY FINANCIAL INFORMATION
30/04/2008

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/04/2008
30/04/2007
30/04/2008
30/04/2007
RM'000
RM'000
RM'000
RM'000
1 Revenue
14,721
0
23,668
0
2 Profit/(loss) before tax
2,302
0
3,476
0
3 Profit/(loss) for the period
1,879
0
2,878
0
4 Profit/(loss) attributable to ordinary equity holders of the parent
1,879
0
2,878
0
5 Basic earnings/(loss) per share (sen)
7.02
0.00
10.75
0.00
6 Proposed/Declared dividend per share (sen)
2.50
0.00
2.50
0.00








AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent (RM)
0.5809
0.0000


Note: For full text of the above announcement, please access Bursa Malaysia website at www.bursamalaysia.com

Remarks :
(i) This is the first Interim Financial Statements on the consolidated results for the financial period ended 30 April 2008 announced by the Company in compliance with the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") and in conjunction with the admission of the Company to the Second Board of Bursa Securities. As this is the second quarterly report, there are no comparative figures for the preceding year's corresponding quarter and corresponding period.
(ii) The condensed consolidated income statement should be read in conjunction with the audited proforma consolidated financial statements and the accountants' report for the financial period ended 31 October 2007 as disclosed in the Prospectus dated 31 January 2008 and the accomplying explanatory notes attached to the interim financial reports.
(iii) In conjunction with the Initial Public Offering exercise, the acquisitions of Lee Soon Seng Plastic Industries Sdn Bhd was completed on 18 December 2007 when the sale and purchase agreement became unconditional. Turnover and profits after this date are considered part of the Group. Consolidation was done using the acquisition method of accounting.