Asia Brands Corporation Berhad offers production, trading, marketing, and retailing of lingerie, ladies’ leisure wear, children’s wear, and care and related products in Malaysia. The company offers brassieres, panties, corsets, girdles, camisoles, bodysuits, crop tops, boxer shorts, and sleepwear lingerie. The company sells its products under the brands ‘Audrey’, ‘Lilian’, and ‘Tres Tres’. It also involves in the property rental operations. Asia Brands Corporation operates a network of approximately 200 sales outlets at departmental stores in Malaysia. The company was formerly known as Audrey International Bhd and changed its name to Asia Brands Corporation Berhad in June 2006. The company w...
Lot 10449 Jalan Nenas
Batu 4 1/2
Founded in 1987
Asia Brands Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2013
Nov 15 13
Asia Brands Corporation Berhad announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2013. For the quarter, the company reported revenue of MYR 90,114,000 against MYR 37,540,000 a year ago. Profit before taxation was MYR 7,920,000 against MYR 6,898,000 a year ago. Profit from continuing operations net of tax was MYR 4,983,000 against MYR 4,676,000 a year ago. Profit after taxation was MYR 4,983,000 or 6.56 sen per share against MYR 4,771,000 or 11.42 sen per share a year ago.
For the six months period, the company reported revenue of MYR 160,107,000 against MYR 58,731,000 a year ago. Profit before taxation was MYR 21,657,000 against MYR 7,671,000 a year ago. Profit from continuing operations net of tax was MYR 16,316,000 against MYR 4,989,000 a year ago. Profit after taxation was MYR 16,316,000 or 21.46 sen per share against MYR 5,053,000 or 12.09 sen per share a year ago. Net cash used in operating activities was USD 5,037,000 against USD 23,052,000 a year ago. Purchase of property, plant and equipment - Continuing operations was USD 5,506,000 against USD 2,076,000 a year ago. The Group's higher revenue and pre-tax profit benefitted from the acquisition of Asia Brands Corporation Berhad subsidiaries which were consolidated to the Group effective from December 2012 and aided by one off other incomes, mainly arising from gain from disposal of properties. Net assets per share were MYR 2.92 against MYR 2.67 a year ago.
Asia Brands Corporation Berhad, Annual General Meeting, Sep 20, 2013
Aug 27 13
Asia Brands Corporation Berhad, Annual General Meeting, Sep 20, 2013., at 09:00 China Standard Time. Location: Lot 10449, Jalan Nenas, Batu 4½. Agenda: To consider financial results for the year ended March 31, 2013; to consider final dividend; to consider director fees; to consider reelection of directors and auditors; to consider issue of shares; to consider authority to buyback shares; to consider amendment of articles; and to transact any other ordinary business for which due notice shall have been given.