gp industries ltd (GPI) Snapshot

GP Industries Limited recommended a final tax-exempt (1-tier) dividend of 1.5 Singapore cents per share and a special tax-exempt (1-tier) dividend of 1.5 Singapore cents per share amounting to approximately SGD 15.3 million in aggregate (2012: final tax-exempt (1-tier) dividend of 1.5 Singapore cents per share amounting to approximately SGD 7.7 million) for its financial year ended 31 March 2013.

GP Industries Limited reported unaudited group earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported revenue of SGD 59,368,000 compared to SGD 62,426,000 a year ago. Profit before finance costs, exceptional items and share of results of associates was SGD 4,677,000 compared to SGD 2,381,000 a year ago. Loss before taxation g was SGD 8,754,000 compared to SGD 16,519,000 a year ago. Loss after taxation from continuing operations was SGD 7,836,000 or 1.54 cents per basic and diluted share, compared to SGD 17,777,000 or 3.49 cents per basic and diluted share, a year ago. Loss attributable to equity holders of the company continuing operations was SGD 7,860,000 or 1.01 cents per basic and diluted share, compared to SGD 17,802,000 or 2.58 cents per basic and diluted share, a year ago. For the year, the company reported revenue of SGD 244,024,000 compared to SGD 235,214,000 a year ago. Profit before finance costs, exceptional items and share of results of associates was SGD 12,134,000 compared to SGD 4,848,000 a year ago. Profit before taxation was SGD 12,059,000 compared to loss before taxation SGD 348,000 a year ago. Profit after taxation from continuing operations was SGD 6,533,000 or 1.26 cents per basic and diluted share, compared to loss after taxation from continuing operations of SGD 6,650,000 or 1.32 cents per basic and diluted share, a year ago. Profit attributable to equity holders of the company continuing operations was SGD 6,418,000 or 3.22 cents per basic and diluted share, compared to loss attributable to equity holders of the company continuing operations of SGD 6,714,000 or 1.03 cents per basic and diluted share, a year ago. Net cash generated from operating activities was SGD 25,859,000 compared to SGD 11,461,000 a year ago. Purchase of property, plant and equipment was SGD 3,831,000 compared to SGD 4,084,000 a year ago.

GP Industries Limited, Special/Extraordinary Shareholders Meeting, Mar 22, 2013., at 10:00 Singapore Standard Time. Location: Marina Mandarin Singapore, Gemini, Level 1,. Agenda: To approve disposal of a 50% equity interest in Shanghai Jinting Automobile Harness Limited.