lcth corp bhd (LCTH) Snapshot

LCTH Corp. Bhd appointed Loh Lee Khon as Chief Financial Officer, effective from May 15, 2013. Loh Lee Khon has six years experience in External Auditing and sixteen years in Financial and Accounting Management.

LCTH Corp. Bhd reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of MYR 48,197,000 against MYR 84,055,000 a year ago. This is mainly due to the change of procurement strategy of a major customer which resulted in reduction in orders. Loss before tax was MYR 1,469,000 against MYR 3,995,000 a year ago. Loss for the period was MYR 1,749,000 against MYR 4,346,000 a year ago. Basic and diluted loss per share was 0.49 sen against 1.20 sen a year ago. Net cash generated from operating activities was MYR 118,000 against net cash used in operating activities of MYR 27,755,000 a year ago. Purchase of property, plant and equipment was MYR 1,343,000 against MYR 894,000 a year ago.

LCTH Corp. Bhd, Annual General Meeting, Apr 26, 2013., at 10:45 Singapore Standard Time. Location: Kayangan Suite, Pulai Pavillion. Agenda: To consider the audited financial statements for the financial year ended December 31, 2012 together with the Reports of the Directors and the Auditors thereon; to consider re-election of Directors; to consider re-appointment of Messrs. Ernst & Young as Auditor of the company for the upcoming year and to authorize the Directors to fix their remuneration; to approve reappointment of Director; and to approve renewal and new shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature involving the company's subsidiaries, Classic Advantage Sdn Bhd and Fu Hao Manufacturing (M) Sdn Bhd with the companies in the Fu Yu Corporation Ltd Group.