(Company Registration Number: 200415164G)

UNAUDITED CONDENSED INTERIM FINANCIAL STATEMENTS

FOR THE FIRST QUARTER ENDED 30 JUNE 2021

Pursuant to Rule 705(2C) of the Listing Manual Section B: Rules of Catalist, the Singapore Exchange Regulation requires the Company to continue to announce its quarterly financial statements with effect from 7 February 2020.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Khong Choun Mun, Registered Professional, 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com.

1

(Company Registration Number: 200415164G)

TABLE OF CONTENTS

A.

Condensed interim consolidated statement of profit or loss and other comprehensive

3

income

B.

Condensed interim balance sheets

4

C.

Condensed interim statements of changes in equity

5

D.

Condensed interim consolidated statement of cash flows

6

E.

Notes to condensed interim consolidated financial statements

7

F.

Other information required by Listing Rule Appendix 7C

16

2

(Company Registration Number: 200415164G)

A. Condensed interim consolidated statement of profit or loss and other comprehensive income

Group

3 months

3 months

3 months

3 months

ended

ended

% of

ended

ended

% of

31-Mar-21

31-Mar-20

change

30-Jun-21

30-Jun-20

change

S$'000

S$'000

+ / (-)

Note

S$'000

S$'000

+ / (-)

Revenue

(1,948)

3,482

(156)

E4

3,394

2,820

20

Cost of sales

2,767

(1,642)

(268)

(2,334)

(2,732)

(15)

Gross profit

819

1,840

(56)

1,060

88

1,105

Other operating income

(197)

518

(138)

E6.1

196

1,331

(85)

Distribution costs

18

(183)

(110)

(72)

(83)

(13)

Administrative and general expenses

3,436

(4,861)

(171)

(1,900)

(2,211)

(14)

Share of results from investments in associates

(113)

128

N.M

2

37

(95)

Share of results from investments in joint ventures

31

1,524

(98)

(2)

(16)

(88)

Finance costs

2,514

(1,496)

(268)

(1,267)

(1,312)

(3)

Loss before tax

5,886

(4,888)

(220)

(1,983)

(2,166)

(8)

Income tax expenses

208

(194)

N.M

E7

(35)

(240)

(85)

Loss after tax

6,094

(5,082)

(220)

(2,018)

(2,406)

(16)

Other comprehensive income for the period, after tax:

Item that may be subsequently reclassified to profit or loss:

Exchange difference on translation of foreign operations

(3,211)

(1,139)

N.M

1,685

2,578

(35)

Total comprehensive income for the period

2,883

(6,221)

(146)

(333)

172

(294)

Loss attributable to:

Owners of the Company

5,978

(1,990)

(400)

(1,937)

(2,161)

(10)

Non-controlling interests

738

(734)

(201)

(81)

(245)

(67)

6,716

(2,724)

(347)

(2,018)

(2,406)

(16)

Total comprehensive income attributable to:

Owners of the Company

3,293

(2,551)

(229)

(256)

(18)

1,322

Non-controlling interests

212

(1,312)

(116)

(77)

190

(141)

3,505

(3,863)

(191)

(333)

172

(294)

Loss per share for the period attributable to the

owners of the Company:

Basic and diluted (SGD in cent)

(0.17)

(0.20)

3

(Company Registration Number: 200415164G)

B. Condensed interim balance sheets

Note

ASSETS Non-current assets

Property, plant and equipmentE9 Investments in subsidiaries

Investments in associates Investments in joint ventures Deferred tax assets

Total non-current assets

Current assets

Development properties

Inventories

Trade and other receivables

Other current assets

Contract costs

Cash and bank balances

Total current assets

Total assets

LIABILITIES

Current liabilities

Bank borrowings (secured)E10 Finance leases

Lease liabilities Contract liabilities Tax payable

Trade and other payables Loans from shareholders

Total current liabilities

Non-current liabilities

Deferred tax liabilities

Bank borrowings (secured)E10 Finance leases

Lease liabilities

Loan from a non-controlling interest

Total non-current liabilities

Total liabilities

NET ASSETS

EQUITY

Equity attributable to equity holders of the Company

Share capitalE11 Foreign currency translation reserves

Revaluation reserve Other reserves

Retained earnings/ (Accumulated losses)

Non-controlling interests

Total equity

Group

Company

30-Jun-21

31-Mar-21

30-Jun-21

31-Mar-21

S$'000

S$'000

S$'000

S$'000

40,501

40,775

1

2

-

-

143,945

143,743

309

306

-

-

104,791

103,167

-

-

-

52

-

-

145,601

144,300

143,946

143,745

125,656

126,718

-

-

328

329

-

-

4,412

1,719

3,014

2,003

607

633

16

29

538

636

-

-

1,161

1,783

94

89

132,702

131,818

3,124

2,121

278,303

276,118

147,070

145,866

1,346

3,694

-

-

35

35

-

-

89

139

-

-

1,440

1,996

-

-

1,653

1,656

-

-

17,643

16,386

5,330

4,661

43,144

41,301

43,144

41,301

65,350

65,207

48,474

45,962

2,584

2,583

-

-

79,708

77,408

-

-

69

78

-

-

100

107

-

-

11,382

11,292

-

-

93,843

91,468

-

-

159,193

156,675

48,474

45,962

119,110

119,443

98,596

99,904

78,940

78,940

294,506

294,506

(557)

(2,238)

-

-

37,768

37,768

-

-

1,681

1,681

-

-

(1,046)

891

(195,910)

(194,602)

116,786

117,042

98,596

99,904

2,324

2,401

-

-

119,110

119,443

98,596

99,904

4

(Company Registration Number: 200415164G)

C. Condensed interim statements of changes in equity

Foreign

Retained

Equity

currency

earnings/

attributable to

translation

Revaluation

(Accumulated

equity holders

Non-controlling

Share capital

reserves

reserve

Other reserves

losses)

of the Company

interests

Total equity

Group

S$'000

S$'000

S$'000

S$'000

S$'000

S$'000

S$'000

S$'000

As at 1 April 2021

78,940

(2,238)

37,768

1,681

891

117,042

2,401

119,443

Total comprehensive income for the period

Loss for the period

-

-

-

-

(1,937)

(1,937)

(81)

(2,018)

Other comprehensive income for the period

Exchange difference on translation of foreign operations

-

1,681

-

-

-

1,681

4

1,685

Total comprehensive income for the financial period

-

1,681

-

-

(1,937)

(256)

(77)

(333)

As at 30 June 2021

78,940

(557)

37,768

1,681

(1,046)

116,786

2,324

119,110

As at 1 April 2020

78,940

(6,895)

37,768

1,681

10,606

122,100

3,586

125,686

Total comprehensive income for the period

Loss for the period

-

-

-

-

(2,161)

(2,161)

(245)

(2,406)

Other comprehensive income for the period

Exchange difference on translation of foreign operations

-

2,143

-

-

-

2,143

435

2,578

Total comprehensive income for the financial period

-

2,143

-

-

(2,161)

(18)

190

172

As at 30 June 2020

78,940

(4,752)

37,768

1,681

8,445

122,082

3,776

125,858

Company

As at 1 April 2021

Loss for the period, representing total comprehensive income for the period

As at 30 June 2021

Accumulated

Share capital

losses

Total equity

S$'000

S$'000

S$'000

294,506

(194,602)

99,904

-

(1,308)

(1,308)

294,506

(195,910)

98,596

As at 1 April 2020

294,506

(182,901)

111,605

Loss for the period, representing total comprehensive income

for the period

-

(867)

(867)

As at 30 June 2020

294,506

(183,768)

110,738

5

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KOP Ltd. published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 09:59:10 UTC.