Padini Holdings Berhad declared third interim dividend of 2 sen per share (Single Tier Dividend) in respect of the financial year ending June 30, 2013. The dividend will be paid on March 27, 2013. Ex-date is March 11, 2013 and the entitlement date is March 13, 2013.

Padini Holdings Berhad 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 207,682,000 against MYR 202,453,000 a year ago. Profit before tax was MYR 27,477,000 against MYR 38,868,000 a year ago. Profit attributable to owners of the parent was MYR 19,369,000 or 2.84 sen per basic share against MYR 28,551,000 or 4.34 sen per basic share a year ago. For the six months, the company reported revenue of MYR 408,738,000 against MYR 380,568,000 a year ago. Profit before tax was MYR 62,268,000 against MYR 75,608,000 a year ago. Profit attributable to owners of the parent was MYR 44,914,000 or 6.83 sen per basic share against MYR 55,497,000 or 8.44 sen per basic share a year ago. Net cash generated from operating activities was MYR 113,594,000 against MYR 47,223,000 a year ago. Purchase of PPE & intangible assets was MYR 10,809,000 against MYR 13,788,000 a year ago.

Padini Holdings Berhad announced the appointment of Woon Chin Chan as independent & non executive chairman & director effective February 19, 2013. He was certified public accountant and chartered accountant. Presently a seminar speaker and trainer in IFRS to qualified accountants and directors of public listed companies in Malaysia and a Financial Consultant to enterprises on financial related areas. He hold directorship of public companies like Hup Seng Industries Berhad and Winsun Technologies Berhad.