| LUXCHEM CORPORATION BERHAD |
| Financial Year End | 31/12/2012 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2012 |
| The figures | have not been audited |
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
| ||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD | ||
$$'000
|
$$'000
|
$$'000
|
$$'000
| ||
| 1 | Revenue |
121,834
|
130,944
|
496,877
|
498,933
|
| 2 | Profit/(loss) before tax |
7,944
|
6,815
|
29,367
|
30,217
|
| 3 | Profit/(loss) for the period |
5,947
|
5,328
|
21,951
|
22,691
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
5,984
|
5,345
|
22,041
|
22,708
|
| 5 | Basic earnings/(loss) per share (Subunit) |
4.57
|
4.10
|
16.89
|
17.45
|
| 6 | Proposed/Declared dividend per share (Subunit) |
5.50
|
6.00
|
8.50
|
9.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
| ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.0500
|
0.9700
| ||
LUXCHEM是目前的組合中成績相對成績不亮眼的一個，全年營業額和盈利稍微下滑，唯變化不大，所以我把它歸類為走勢平穩好了。
當初買入持股也是爲了他的股息，到目前股息囘酬也有接近7%，中規中矩吧。
從disclosure note看到以下兩點比較值得在意。
Expansion of existing operations
As stated in the Prospectus dated 10 Sep 2008, we have intended to utilise approximately RM3.0 million of the proceeds to purchase and install a new reactor and related equipment at our Unsaturated Polyester Plant in Melaka, to increase production capacity by another 50% in order to reach an output of 30,000 metric tones per annum.
In addition, we intended to utilise approximately RM500,000 of the proceeds to increase
our warehouse storage capacity by installing improved rack systems at our manufacturing plant. We are currently preparing necessary reports to apply for regulatory approval to expand the production capacity. We expect our capacity expansion will be ready by end 2013.
Expansion of business and markets
As disclosed in our Prospectus dated 10 Sep 2008, we intended to utilise RM2.5 million of the proceeds to set up sales and marketing offices in Indonesia, Vietnam and China to improve our services to customers in the region.
The company has set up a subsidiary in Indonesia in Oct 2011.
The setting up of the Representative office in Vietnam was originally scheduled to be completed by Q3 2012.
The company has decided that it will not proceed with the setting up of the Representative office during this financial year. The company will focus on its growth locally, as well as in Indonesia.
海外開拓計劃可說暫時擱置了，LUXCHEM 接下來的方向是增加產能，並專注於本地和印尼市場。
對於這個行業的市場，我不是很熟悉，但營業額和盈利的trend來看，營業蠻高，但profit margin 是有點難看了…… 我覺得 LUXCHEM 得想辦法盡量提升 profit margin （入成本轉嫁）才有比較大機會突圍。當然，提高產能也能進一步降低成本，但相信成效不高……
如果LUXCHEM跌破我的底綫，我會選擇適量的加碼，畢竟股息囘酬還算不錯，就當作一小部分的定存吧。
