southern acids malaysia bhd (SA) Snapshot

Southern Acids M Bhd announced unaudited consolidated earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported revenue of MYR 135,312,000 against MYR 142,535,000 a year ago. Profit from operations was MYR 14,322,000 against MYR 6,849,000 a year ago. Profit before tax was MYR 14,322,000 against MYR 6,849,000 a year ago. Profit for the year attributable to equity holders of the company was MYR 6,465,000 or 4.72 sen per basic and diluted share against loss attributable to equity holders of the company of MYR 576,000 or 0.42 sen per basic and diluted share a year ago. Total revenue was 5% lower against last year due mainly to lower revenue registered by the Oleochemical Division. For the year, the company reported revenue of MYR 581,232,000 against MYR 560,876,000 a year ago. Profit from operations was MYR 56,810,000 against MYR 41,275,000 a year ago. Profit before tax was MYR 56,810,000 against MYR 41,275,000 a year ago. Profit for the year attributable to equity holders of the company was MYR 34,464,000 or 25.17 sen per basic and diluted share against MYR 19,924,000 or 14.55 sen per basic and diluted share a year ago. Net cash from operating activities was MYR 76,642,000 against MYR 36,598,000 a year ago. Addition to property, plant and equipment was MYR 9,666,000 against MYR 15,907,000 a year ago. The total revenue was 4% higher than last year due mainly to contribution from the Plantation & Milling Division.

Southern Acids M Bhd, Board Meeting, May 27, 2013. Agenda: To consider the unaudited consolidated earnings results for the fourth quarter and year ended March 31, 2013.

Southern Acids M Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported revenue of MYR 140,994,000 against MYR 136,763,000 for the same period a year ago. Profit from operations was MYR 16,444,000 against MYR 17,194,000 for the same period a year ago. Profit before tax was MYR 16,444,000 against MYR 17,194,000 for the same period a year ago. Profit for the period was MYR 13,654,000 against MYR 12,318,000 for the same period a year ago. Profit attributable to equity holder of the company was MYR 11,092,000 against MYR 9,979,000 for the same period a year ago. Earnings per basic and diluted share were 8.10 sen against 7.29 sen for the same period a year ago. These positive results were mainly derived from its Oleochemical and Plantation and Milling Divisions. For the nine months, the company reported revenue of MYR 445,920,000 against MYR 418,169,000 for the same period a year ago. Profit from operations was MYR 42,488,000 against MYR 34,051,000 for the same period a year ago. Profit before tax was MYR 42,488,000 against MYR 34,051,000 for the same period a year ago. Profit for the period was MYR 34,968,000 against MYR 24,908,000 for the same period a year ago. Profit attributable to equity holder of the company was MYR 27,999,000 against MYR 18,768,000 for the same period a year ago. Earnings per basic and diluted share were 20.45 sen against 13.71 sen for the same period a year ago. Net cash from operations was MYR 50,330,000 against MYR 38,270,000 for the same period a year ago. Addition to property, plant and equipment was MYR 8,467,000 against MYR 6,233,000 for the same period a year ago. Biological asset was MYR 690,000.