GuocoLand : Announcement of results for the 3rd quarter ended 31 March 2023 by GuocoLand Limited's subsidiary, GuocoLand (Malaysia) Berhad

5/17/23, 6:46 PM

General Announcement::Announcement by subsidiary, GuocoLand (Malaysia) Berhad ("GLM")

GENERAL ANNOUNCEMENT::ANNOUNCEMENT BY SUBSIDIARY, GUOCOLAND (MALAYSIA) BERHAD ("GLM")

Issuer & Securities

Issuer/ Manager

GUOCOLAND LIMITED

Securities

GUOCOLAND LIMITED - SG1R95002270 - F17

Stapled Security

No

Announcement Details

Announcement Title

General Announcement

Date &Time of Broadcast

17-May-2023 18:44:45

Status

New

Announcement Sub Title

Announcement by subsidiary, GuocoLand (Malaysia) Berhad ("GLM")

Announcement Reference

SG230517OTHRYVS7

Submitted By (Co./ Ind. Name)

Mary Goh Swon Ping

Designation

Group Company Secretary

Description (Please provide a detailed description of the event in the box below)

Announcement of results for the 3rd quarter ended 31 March 2023 by GuocoLand Limited's subsidiary, GLM.

Attachments

GLM Results 3Q ended 31Mar23 17May23.pdf

Total size =712K MB

https://links.sgx.com/1.0.0/corporate-announcements/T18AFKUD1HQARNA6/6918afb70ff3534a908c67682cca00093947686d4b4d81fcf69ad2f58… 1/1

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2023

GUOCOLAND (MALAYSIA) BERHAD

Financial Year End	30 Jun 2023
Quarter	3 Qtr
Quarterly report for the financial	31 Mar 2023
period ended
The figures	have not been audited

Attachments

Q3 2023 Results.pdf

380.8 kB

Default Currency Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION

31 Mar 2023

		INDIVIDUAL PERIOD	CUMULATIVE PERIOD
		CURRENT	PRECEDING YEAR	CURRENT	PRECEDING
		YEAR	CORRESPONDING	YEAR TO DATE	YEAR
		QUARTER	QUARTER		CORRESPONDING
					PERIOD
		31 Mar 2023	31 Mar 2022	31 Mar 2023	31 Mar 2022
		$$'000	$$'000	$$'000	$$'000
1	Revenue	112,363	121,303	296,065	261,987
2	Profit/(loss) before	12,065	9,338	28,541	10,310
	tax
3	Profit/(loss) for the	8,893	7,126	19,813	3,464
	period
4	Profit/(loss)	8,709	6,728	18,811	2,511
	attributable to
	ordinary equity
	holders of the
	parent
5	Basic	1.30	1.00	2.81	0.38
	earnings/(loss) per
	share (Subunit)
6	Proposed/Declared	0.00	0.00	0.00	0.00
	dividend per share
	(Subunit)
		AS AT END OF CURRENT	AS AT PRECEDING FINANCIAL
		QUARTER	YEAR END
7	Net assets per		1.9735		1.9655
	share attributable
	to ordinary equity
	holders of the
	parent ($$)

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit. Example for the subunit as follows:

Country	Base Unit	Subunit
Malaysia	Ringgit	Sen
United States	Dollar	Cent
United Kingdom	Pound	Pence

Announcement Info

Company Name	GUOCOLAND (MALAYSIA) BERHAD
Stock Name	GUOCO
Date Announced	17 May 2023
Category	Financial Results
Reference Number	FRA-17052023-00009

QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE THIRD QUARTER ENDED 31 MARCH 2023

The figures have not been audited

CONDENSED CONSOLIDATED INCOME STATEMENT

FOR THE FINANCIAL PERIOD ENDED 31 MARCH 2023

	3 months ended		Period-to-date ended
	31.03.2023	31.03.2022	31.03.2023	31.03.2022
	RM'000	RM'000		RM'000	RM'000
Revenue	112,363	121,303	296,065	261,987
Cost of sales	(80,869)	(95,063)	(210,026)	(199,479)
Gross profit	31,494	26,240		86,039	62,508
Selling and marketing expenses	(1,961)	(1,030)	(5,541)	(2,348)
Administrative expenses	(15,873)	(13,240)	(44,867)	(43,206)
Other net operating income	978	1,196	2,158	3,908
Profit from operations	14,638	13,166		37,789	20,862
Finance income	577	435	1,557	1,082
Finance costs	(6,722)	(6,774)	(20,667)	(19,790)
Share of results of associates and joint ventures	3,572	2,511	9,862	8,156
Profit before tax	12,065	9,338		28,541	10,310
Income tax	(3,172)	(2,212)		(8,728)	(6,846)
Profit for the period	8,893	7,126	19,813	3,464
Profit attributable to:
Owners of the parent	8,709	6,728	18,811	2,511
Non-controlling interests	184	398		1,002	953
Profit for the period	8,893	7,126	19,813	3,464
Profit per share attributable to owners of the parent:
a) Basic (sen)	1.300	1.004	2.808	0.375
b) Diluted (sen)	1.300	1.004	2.808	0.375

The condensed consolidated statement of comprehensive income should be read in conjunction with the audited financial statements for the financial year ended 30 June 2022 and the accompanying explanatory notes attached to the interim financial statements.

GLM/1

GUOCOLAND (MALAYSIA) BERHAD (192001000022 (300-K))

QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE THIRD QUARTER ENDED 31 MARCH 2023

The figures have not been audited

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE FINANCIAL PERIOD ENDED 31 MARCH 2023 (cont'd)

	3 months ended		Period-to-date ended
	31.03.2023	31.03.2022	31.03.2023	31.03.2022
	RM'000	RM'000		RM'000	RM'000
Profit for the period, representing total
comprehensive income for the period	8,893	7,126	19,813	3,464
Total comprehensive profit attributable to:
Owners of the parent	8,709	6,728	18,811	2,511
Non-controlling interests	184	398		1,002	953
Total comprehensive income for the period	8,893	7,126		19,813	3,464

The condensed consolidated statement of comprehensive income should be read in conjunction with the audited financial statements for the financial year ended 30 June 2022 and the accompanying explanatory notes attached to the interim financial statements.

GLM/2