triplc bhd (TRIB) Snapshot

Triplc Berhad announced consolidated earnings results for the third quarter and nine months ended February 28, 2013. For the quarter, the company announced revenue of MYR 49,008,000 compared to MYR 12,097,000 for the same period a year ago. Profit before tax was MYR 12,126,000 compared to MYR 622,000 for the same period a year ago. Profit attributable to shareholders of the company was MYR 8,400,000 or 13.12 sen per basic share compared to MYR 239,000 or 0.37 sen per basic share for the same period a year ago. For the nine months, the company announced revenue of MYR 132,114,000 compared to MYR 47,814,000 for the same period a year ago. Profit before tax was MYR 36,079,000 compared to MYR 11,550,000 for the same period a year ago. Profit attributable to shareholders of the company was MYR 26,040,000 or 40.67 sen per basic share compared to MYR 10,492,000 or 16.39 sen per basic share for the same period a year ago. Net cash used in operating activities was MYR 108,296,000 compared to MYR 23,065,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 10,000 compared to MYR 28,000 for the same period a year ago.

Triplc Berhad reported unaudited consolidated earnings results for the second quarter and six months ended November 30, 2012. For the quarter, the company reported profit before tax was MYR 10,881,000 against MYR 9,846,000 for the same period a year ago. Profit attributable to shareholders of the company was MYR 7,806,000 or 12.19 sen per basic share against MYR 10,045,000 or 15.69 sen per basic share for the same period a year ago. The group revenue of MYR 37.97 million as compared to MYR 18.86 million reported in the preceding year corresponding quarter under review was mainly contributed from the on-going construction for project UiTM Zone I Phase 2 Puncak Alam campus. For the six months, the company reported revenue of MYR 83,106,000 against MYR 35,717,000 for the same period a year ago. Profit before tax was MYR 23,953,000 against MYR 10,928,000 for the same period a year ago. Profit attributable to shareholders of the company was MYR 17,640,000 or 27.55 sen per basic share against MYR 10,253,000 or 16.01 sen per basic share for the same period a year ago. Net cash used in operating activities was MYR 75,622,000 against MYR 18,673,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 3,000 against MYR 22,000 for the same period a year ago. Construction revenue of MYR 80.58 million was mainly contributed from increase in construction activities at Zone I Phase 2 of UiTM Puncak Alam campus project with estimated completion has reached 44% and also with the completion of Labovatory renovation at Pharmacy Faculty of UiTM Puncak Alam campus.

Triplc Berhad announced that at the AGM to be held on November 27, 2012, the shareholders will consider proposed amendments to the articles of association.