ipmuda berhad (IP) Snapshot

Ipmuda Berhad announced first and final single tier dividend of 3.0 sen per ordinary shares for the financial year ended December 31, 2012 to be paid on August 20, 2013 to the shareholders of record on July 26, 2013. The dividend is subject to the approval of the shareholders' at the 38th Annual General Meeting of company to be held on 20 June 2013.

Ipmuda Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported profit before taxation of MYR 746,000, profit after taxation of MYR 239,000, profit for the period attributable to owners of the parent was MYR 89,000 or 0.12 sen basic per share on revenue of MYR 152,822,000 against profit before taxation of MYR 658,000, profit after taxation of MYR 167,000, profit for the period attributable to owners of the parent was MYR 205,000 or 0.28 sen basic per share on revenue of MYR 155,466,000 for the same period a year ago. Net cash used in operating activities of MYR 10,059,000 against net cash from operating activities of MYR 7,398,000 for the same period a year ago. The increase in pre-tax profit was mainly due to better average gross profit margin. The Directors proposed a first and final single tier dividend of 3.0 sen per ordinary shares for the financial year ended 31 December 2012 against 3.0 sen less income tax at 25% for the same period a year ago. The proposed dividend is subject to the approval of the shareholders at an Annual General Meeting to be held on a date to be announced later.

Ipmuda Berhad reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenues of MYR 165.617 million, profit from operations of MYR 3.711 million, profit before taxation of MYR 2.638 million, profit attributable to owners of the parent of MYR 0.770 million or 1.06 sen per basic share compared to the revenues of MYR 161.180 million, profit from operations of MYR 6.618 million, profit before taxation of MYR 5.547 million, profit attributable to owners of the parent of MYR 5.054 million or 6.97 sen per basic share for the same quarter year ago. For the year, the company reported revenues of MYR 657.156 million, profit from operations of MYR 10.126 million, profit before taxation of MYR 5.986 million, profit attributable to owners of the parent of MYR 1.568 million or 2.16 sen per basic share compared to the revenues of MYR 637.872 million, profit from operations of MYR 13.111 million, profit before taxation of MYR 9.220 million, profit attributable to owners of the parent of MYR 6.732 million or 9.29 sen per basic share for the previous year. Net cash used in operating activities was MYR 6.186 million compared to the MYR 13.054 million for the previous year. The directors proposed a first and final single tier dividend of 3.0 sen per ordinary shares for the financial year ended 31 December 2012 (2011: 3.0 sen less income tax at 25%). The proposed dividend is subject to the approval of the shareholders at an Annual General Meeting to be held on a date to be announced later.