Shares & Derivatives
Cerebos reports 19% decline in Q2-2011 net profit but half year net profit is still up by 5% on strong Q1……..H2 should be better….???!!!
By Kevin Scully-Financial Blog  •  August 4, 2011
Cerebos reports 19% decline in Q2-2011 net profit but half year net profit is still up by 5% on strong Q1........H2 should be better....???!!! Thursday, 4 August, 2011 8:53 AM Posted by Kevin Scully Cerebos reported lower Q2 2011 net earnings by 19% to S$18.1mn but the six month figure still showed a modest gain of 5% in net profit to S$49.4mn.   I attended the analysts briefing and came away with the following information.
Six months to June 30 2011 2010 %
S$mn S$mn chng
Turnover 461.7 426.3 8.3%
Gross profit 224.2 209.3 7.1%
Pretax 71.6 59.5 20.3%
Net attrib 45.3 42.9 5.6%
EPS (S cents) 14.3 13.6 5.1%
Three months to June 30 2011 2010 %
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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