10.5.13

Journal - TIENWAH

= Journal =                                         

TIENWAH - yesterday close: RM 2.37. PE = 6.86x

1QFY13 report.

Net Profit:
up 90% to RM 7.6mil, 7.91 sen. (1QFY12: 4.17 sen)
EPS (ttm): 35.5sen




NTA: increase 10 sen to RM 2.35.

Operating Cash: turned negative to (RM 15.0mil),
Total cash: reduce to RM 39.4mil
- due to increase in working capital.

Borrowings: increase to RM 94.0mil. (FY12 = RM 92.2mil)

Prospects:
"Despite the challenging operating environment, the industry that our key customers are involved in
remains resilient.

The Directors are of the opinion that the outlook for 2013 remains positive with potential for growth
despite the easing of market demands globally. The Group looks forward to stability in demand arising
from key customers and at the same time actively pursuing for new market opportunities."


My Comment:
No comment.


Malaysia Stock Market | Bursa Malaysia

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