lfe corporation bhd (LFE) Snapshot

LFE Corp. Bhd reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported revenue of MYR 15.9 million, profit before taxation of MYR 0.2 million and net profit attributable to the company of MYR 0.3 million or 0.36 sen per basic share against revenue of MYR 2.8 million, loss before taxation of MYR 1.6 million and net loss attributable to the company of MYR 1.6 million or 1.90 sen per basic share a year ago. For the six months, the company reported revenue of MYR 30.4 million, profit before taxation of MYR 1.2 million and net profit attributable to the company of MYR 1.2 million or 1.41 sen per basic share against revenue of MYR 8.5 million, loss before taxation of MYR 3.5 million and net loss attributable to the company of MYR 3.5 million or 4.16 sen per basic share a year ago. Net cash generated from operating activities was MYR 1.2 million against MYR 7.1 million a year ago. Purchase of property, plant and equipment was MYR 2,000 against MYR 63,000 a year ago.

LFE Corp. Bhd reported unaudited consolidated earnings results for the first quarter ended October 31, 2012. For the quarter, the company reported revenue of MYR 14,464,000, profit before taxation of MYR 956,000 and net profit attributable to equity holders of the company of MYR 889,000 or 1.05 sen per basic share against revenue of MYR 5,707,000, loss before taxation of MYR 1,918,000 and net loss attributable to equity holders of the company of MYR 1,915,000 or 2.26 sen per basic share a year ago. Net assets per share attributable to ordinary equity holders of the parent at negative were MYR 0.0300. Net cash generated from operating activities was MYR 2,858,000 and purchase of property, plant and equipment was MYR 1.000 against net cash generated from operating activities of MYR 7,103,000 and purchase of property, plant and equipment of MYR 63,000 a year ago. The significant increase in revenue is due to higher revenue achieved from local market and is contributed sofely from Mechanical and Electrical Engineering (M&E) Division.

LFE Corp. Bhd, Annual General Meeting, Dec 26, 2012., at 10:00 Singapore Standard Time. Location: Boardroom, 1st Floor, Lot 43117. Agenda: To receive the Audited Financial Statements for the financial year ended 31 July 2012 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees for the financial year ended 31 July 2012; to re-elect the two Directors who retire pursuant to Article 84 of the company's Articles of Association; to re-appoint Messrs. Morison Anuarul Azizan Chew as the Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration; and to consider the special business.