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Quarterly Report For The Financial Period Ended 30 September 2011

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Financial Statement (114 KB)

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For The 3rd Quarter Ended 30 September 2011

Condensed Consolidated Income Statements

(The figures have not been audited)

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements for the year ended 31 December 2010 and the accompanying explanatory notes attached to the interim financial statements.

Condensed Consolidated Balance Sheet

The Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited financial statements for the year ended 31 December 2010 and the accompanying explanatory notes attached to the interim financial statements.

Review of performance

The Group achieved revenue of RM18.10 million for the period under review against RM25.10 million in the corresponding period of preceding year, representing a decrease of 28%. The decrease in revenue against the same quarter last year was mainly due to reduction in sales from Machine Vision System (MVS) and Electronics Communication System (ECS). The decrease in sales recorded is mainly due to slow down in semiconductor industry. However, there is increase in sales from Automated Board Inspection (ABI) due to high demand of our new Advanced X-ray Inspection system from new customers in the US market. The Group achieved a profit before tax of RM6.55 million against profit before tax of RM9.44 million in the corresponding quarter, representing a decrease of 31%, mainly due to change in sales mix. Correspondingly, the Group recorded a profit after tax of RM6.36 million against profit after tax of RM9.18 million in the corresponding quarter, representing a decrease of 31%.