WBL Corporation Limited announced interim tax exempt (1 - tier) cash dividend of 5 cents per ordinary stock unit compared to 5 cents for the same period a year ago. The dividend will be payable on August 1, 2013 to Stockholders on the Register of Members on 11 July 2013. The company reported unaudited group earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company's revenue was SGD 600,360,000 compared with SGD 598,491,000 a year ago. Loss before income tax was SGD 24,259,000 compared with income before income tax of SGD 30,746,000 a year ago. Net loss was SGD 24,685,000 compared with net profit of SGD 27,731,000 a year ago. Net loss attributable to the equity holders of the company was SGD 11,438,000 compared with net profit attributable to the equity holders of the company of SGD 20,055,000 a year ago. Net cash from operating activities was SGD 77,690,000 compared with SGD 31,924,000 a year ago. Purchase of property, plant and equipment was SGD 21,698,000 compared with SGD 17,444,000 a year ago. Additions of intangible assets were SGD 3,000 compared with SGD 406,000 a year ago. On a fully diluted basis loss per share was 4.2 cents against earnings per share of 7.2 cents a year ago. For the six months, the company's revenue was SGD 1,283,639,000 compared with SGD 1,264,690,000 a year ago. Loss before income tax was SGD 9,283,000 compared with income before income tax of SGD 72,110,000 a year ago. Net loss was SGD 13,883,000 compared with net profit of SGD 59,067,000 a year ago. Net loss attributable to the equity holders of the company was SGD 5,358,000 compared with net profit attributable to the equity holders of the company of SGD 43,732,000 a year ago. Net cash from operating activities was SGD 80,822,000 compared with SGD 29,992,000 a year ago. Purchase of property, plant and equipment was SGD 52,272,000 compared with SGD 74,862,000 a year ago. Additions of intangible assets were SGD 80,000 compared with SGD 808,000 a year ago. On a fully diluted basis loss per share was 1.9 cents against earnings per share of 15.7 cents a year ago. The Group recorded a pre-tax loss and net attributable loss, mainly due to losses incurred by one of its listed Technology subsidiaries, MFLEX. For the second quarter, the company reported (impairment loss)/reversal of impairment loss on property, plant and equipment of SGD 41,000.

WBL Corporation Limited announced that they will report Q2, 2013 results on May 08, 2013

WBL Corporation Limited reported unaudited consolidated earnings results for the first quarter ended December 31, 2012. For the quarter, the company's revenue was SGD 683.279 million compared with SGD 666.199 million a year ago. Profit before income tax was SGD 14.976 million compared with SGD 41.364 million a year ago. Net profit was SGD 10.802 million compared with SGD 31.336 million a year ago. Net profit attributable to equity holders of the company was SGD 6.08 million or 2.2 cents per diluted share compared with SGD 23.677 million or 8.4 cents per diluted share a year ago. Net cash from operating activities was SGD 3.162 million compared with net cash used in operating activities of SGD 2.056 million a year ago. Purchase of property, plant and equipment was SGD 30.574 million compared with SGD 57.418 million a year ago. Additions of intangible assets were SGD 77,000 compared with SGD 402,000 a year ago. Both pre-tax profit and PATMI declined by 63.8% to SGD 15.0 million and by 74.3% to SGD 6.1 million respectively, mainly due to lower contributions from the Property and Technology divisions, higher corporate expenses arising from higher professional fees and interest costs, and the absence of a reversal of accrued staff expenses made in the previous corresponding quarter.