Hai-O Enterprise Bhd announced unaudited consolidated earnings results for the fourth quarter and year ended January 31, 2013. For the quarter, the company reported revenue of MYR 68,854,000 compared to MYR 62,792,000 a year ago. Operating profit was MYR 15,002,000 compared to MYR 12,968,000 a year ago. Profit before taxation was MYR 15,096,000 compared to MYR 13,010,000 a year ago. Profit attributable to owner of the parent company was MYR 10,971,000 compared to MYR 9,063,000 a year ago. Basic earnings per share attributable to equity holders of the parent company were MYR 5.54 compared to MYR 4.55 a year ago. For the year, the company reported revenue of MYR 195,854,000 compared to MYR 169,964,000 a year ago. Operating profit was MYR 49,165,000 compared to MYR 35,217,000 a year ago. Profit before taxation was MYR 49,442,000 compared to MYR 35,324,000 a year ago. Profit attributable to owner of the parent company was MYR 37,346,000 compared to MYR 24,664,000 a year ago. Basic earnings per share attributable to equity holders of the parent company were MYR 18.85 compared to MYR 12.37 a year ago. Net cash flows from operating activities were MYR 19,120,000 compared to MYR 29,287,000 a year ago. Purchase of property, plant and equipment was MYR 6,421,000 compared to MYR 1,447,000 a year ago.

Hai-O Enterprise Bhd declared an interim single tier dividend of 4 sen and a special single tier dividend of 2 in respect of the financial year ending 30 April 2013. Ex-date is February 6, 2013, record date is February 8, 2013 and payment date is February 28, 2013.

Hai-O Enterprise Bhd reported unaudited earnings results for the second quarter and six months ended October 10, 2012. For the quarter, the company reported profit before tax of MYR 20,499,000, profit of MYR 16,498,000, profit attributable to ordinary equity holders of the parent was MYR 16,101,000 or MYR 8.11 basic per share on revenue of MYR 65,855,000 against profit before tax of MYR 11,250,000, profit of MYR 8,406,000, profit attributable to ordinary equity holders of the parent was MYR 7,868,000 or MYR 3.94 basic per share on revenue of MYR 56,199,000 for the same period a year ago. For the six months, the company reported profit before tax of MYR 34,346,000, profit of MYR 16,498,000, profit attributable to ordinary equity holders of the parent was MYR 26,836,000 or MYR 13.29 basic per share on revenue of MYR 127,000,000 against profit before tax of MYR 22,314,000, profit of MYR 16,445,000, profit attributable to ordinary equity holders of the parent was MYR 15,601,000 or MYR 7.82 basic per share on revenue of MYR 107,172,000 for the same period a year ago. Net cash flows from operating activities was MYR 17,798,000 against MYR 20,087,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 3,262,000 against MYR 926,000 for the same period a year ago. For the second quarter under review, the Group recorded higher revenue and pre-tax profit respectively of the immediate preceding quarter, which was mainly attributable to higher sales in the wholesale, retail and other divisions. An interim single tier dividend of 4 sen against 2 sen interim single tier and a special single tier dividend of 2 sen have been declared by the Board of Directors in respect of the financial year ending 30 April 2013. The dates of book closure and payment will be announced at a later date.