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Quarterly Report For The Financial Period Ended 30 June 2010

Financials Archive

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(The condensed consolidated income statements should be read in conjunction with the audited financial statements for the year ended 31 December 2009 and the accompanying explanatory notes attached to the interim financial statements.)

(The condensed consolidated balance sheets should be read in conjunction with the audited financial statements for the year ended 31 December 2009 and the accompanying explanatory notes attached to the interim financial statements.)

Review Of Performance

During the quarter under review, the Group's revenue was approximately 18% lower compared to the corresponding quarter of preceding year. The decrease was principally due to lower sales of rubber processing machinery.

The Group attained pre-tax profit of RM236,000 compared to RM1.2 million in the corresponding quarter of the preceding year. The 80% decrease was principally due to lower sales and unrealized foreign exchange loss as Ringgit Malaysia had strengthened again Indonesia Rupiah and China Yen.