Financial Performance - For the nine months ended May 31, 2021, the total revenue reached approximately MYR 196.7 million, an increase of about 32.6% compared to the same period in 2020[5]. - The gross profit for the nine months ended May 31, 2021, was approximately MYR 37.5 million, representing an increase of about 77.5% year-on-year[5]. - The net profit recorded for the nine months ended May 31, 2021, was approximately MYR 10.0 million[5]. - The operating profit for the three months ended May 31, 2021, was MYR 7.3 million, compared to an operating loss of MYR 0.2 million in the same period of 2020[6]. - The basic and diluted earnings per share for the nine months ended May 31, 2021, was 1.25 sen, compared to 0.11 sen in the same period of 2020[9]. - The total comprehensive income for the nine months ended May 31, 2021, was MYR 10.1 million, compared to a loss of MYR 1.6 million in the same period of 2020[9]. - The company reported a significant increase in operating income, with a total of MYR 17.2 million for the nine months ended May 31, 2021, compared to MYR 8.3 million in the previous year[6]. - The company reported a profit attributable to owners of MYR 10.0 million for the nine months ended May 31, 2021, compared to a profit of MYR 846,000 in the same period of 2020[41]. - Net profit for the nine months ended May 31, 2021, was 10.0 million MYR, a significant increase from 0.8 million MYR in 2020[69]. - Earnings per share for the nine months ended May 31, 2021, was 1.25 sen, compared to 0.11 sen in 2020[69]. Revenue Breakdown - Revenue for the three months ended May 31, 2021, was RM 68,527 thousand, a 110% increase compared to RM 32,582 thousand for the same period in 2020[27]. - Revenue for the nine months ended May 31, 2021, reached RM 196,694 thousand, up 32.5% from RM 148,315 thousand in the same period of 2020[27]. - The packaging segment generated revenue of approximately MYR 130.3 million, accounting for 66.2% of total revenue, compared to MYR 87.6 million and 59.1% in 2020[48]. - The insert production segment contributed approximately MYR 40.4 million, representing 20.5% of total revenue, slightly down from MYR 41.7 million and 28.1% in 2020[49]. - Revenue from the production of instruction manuals was approximately MYR 26.0 million, making up 13.2% of total revenue, compared to MYR 18.9 million and 12.7% in 2020[52]. - The company experienced a foreign exchange loss of MYR 2.5 million for the nine months ended May 31, 2021, compared to a loss of MYR 2.5 million in the same period of 2020[9]. - The company reported a significant increase in revenue from Malaysia, which was RM 50,685 thousand for the three months ended May 31, 2021, compared to RM 22,082 thousand in 2020, marking a 129% growth[27]. - The revenue from the Philippines for the three months ended May 31, 2021, was RM 16,094 thousand, a 74% increase from RM 9,208 thousand in 2020[27]. - The revenue from Singapore for the three months ended May 31, 2021, was RM 1,748 thousand, a 35.4% increase from RM 1,292 thousand in 2020[27]. Cost and Expenses - The cost of goods sold for the nine months ended May 31, 2021, was RM 159,215 thousand, an increase from RM 127,198 thousand in the same period of 2020[32]. - Selling costs increased by approximately 25.2% or 32.0 million MYR, driven by higher material and labor costs[60]. - Administrative expenses rose to approximately 14.0 million MYR for the nine months ended May 31, 2021, compared to 11.9 million MYR in 2020, mainly due to rising employee costs[64]. Shareholder Information - Linocraft Investment holds a significant 51.00% stake in the company, with 408,000,000 shares[76]. - Charlecote, which owns 70% of Linocraft Investment, also holds a 51.00% interest in the company[77]. - Stan Cam Holdings Limited and Ralexi Investment Holdings Limited each own 15.00% of the company, with 120,000,000 shares[76]. - Ong's spouse, Mrs. Ong, is considered to have a 51.00% interest in the company through Charlecote[77]. - The company has not adopted any share option schemes as of May 31, 2021[80]. - No purchases, sales, or redemptions of the company's listed securities occurred during the nine months ending May 31, 2021[81]. - The company confirms that major shareholders do not have any competing business interests as of May 31, 2021[82]. Corporate Governance - The audit committee, established in August 2017, assists the board in reviewing financial information and internal controls[87]. - The third-quarter financial statements have not been audited but have been reviewed by the audit committee[87]. - The company has adhered to corporate governance codes, except for the absence of the chairman at the annual general meeting due to prior commitments[85]. Market Outlook - The company is focusing on strengthening its market position in the printing and packaging industry while engaging with international brands to expand its business in Malaysia and the Philippines[54]. - The ongoing pandemic continues to create significant uncertainty, impacting the company's operations and future outlook[56]. - The company noted that the COVID-19 pandemic continues to impact the global business environment, making it difficult to estimate future financial effects[42].
东骏控股(08383) - 2021 Q3 - 季度财报