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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petards Group Plc | LSE:PEG | London | Ordinary Share | GB00B4YL8F73 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.50 | 7.00 | 8.00 | 7.50 | 7.50 | 7.50 | 25 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Systems Service | 9.42M | -1.05M | -0.0173 | -4.34 | 4.55M |
RNS No 7662q PETALING TIN BERHAD 24th July 1998 Half yearly report on consolidated results for the six months ended 30/04/98. The figures have hot been audited. GROUP COMPANY 30-Apr-98 30-Apr97 30-Apr-98 30-Apr-97 MINING RESULTS Output of tin concentrates (tonnes) - 19 (100%) - 19 Sale of tin concentrates (tonnes) - - - - Average price per tonne of tin metal (RM) - 10,450 (100%) - 10,450 Average net price received per tonne of tin concentrates(RM) - - - - RM'000 RM'000 CHANGE RM'000 RM'000 1(a) TURNOVER 384 - - - - (b) Investment and other income excluding Extraordinary Items 226 279 (19%) 141 224 2(a) Consolidated Operating Loss before Income Tax, Minority Interest and Extraordinary items and after interest on (11,513) (3,943) (192%) (12,084) (3,864) Borrowings, Depreciation and Amortisation (see note (i) and (ii) below) (b) Income derived from Associated Company - - - - - (c) Less Income Tax (d) (i) Consolidated Operating Loss before deducting (11,513) (3,943) (192%) (12,084) (3,864) Minority Interests (ii) Less Minority Interests - - - - - (e) CONSOLIDATED OPERATING LOSS ATTRIBUTABLE TO MEMBERS OF THE COMPANY (11.513) (3,943) (192%) (12,084) (3,864) (f) (i) Extraordinary Items - - - - (ii) Less Minority Interests - - - - (iii) Extraordinary Items attributable to Members Of the Company - - - - (g) Consolidated Operating Loss & Extraordinary Items attributable to Members of the Company (11,513) (3,943) (192%) (12,084) (3,864) Note (i) Interest on Borrowings, including interest on Bank Overdrafts, Charged as an expense 465 - 34 - (ii) Depreciation including Amortisation 940 989 40 986 3 The Group has ceased its tin mining operation and hence, no sales of tin ore were made. However, PTB Clay Products Sdn Bhd, a wholly-owned subsidiary, commenced operations of its bricks manufacturing plant on 28 February 1998. The substantial increase in losses compared to the corresponding period in the previous year are due mainly to: i) provisions for amount owing from an associate company: ii) write off of stocks and pre-stripping expenditure incurred on mining in view of the cessation of tin mining operations. 4 Loss in sen per share based on 2(e) after deducting there from provisions for preference dividends, if any. 57 20 60 19 5 There was no deferred tax and adjustments for under or over provisions in respect of prior years 6 There was no pre -acquisition profits. 7 There was no sale of investments and properties. 8 There was no rights or any issues of stock since the previous dividend was paid. 9 Following requests and indications from the relevant land and district office and lessor of the mining land for the surrender of mining leases held, the Company has made preparations during the period concerned to cease its tin mining operations and related activities. While the surrender of the said leases is still pending, the Company is pursuing negotiations with the relevant parties for compensation. 10 No decision regarding dividend has been made. END IR SEDFSLUAUFEW
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