XMH : SGX Results 1HFY2022 Final

Tables of contents

Page

A

Condensed Interim Consolidated Statement of Profit or Loss and

1

Other Comprehensive Income/(loss)

B

Condensed Interim Statements of Financial Position

2

- 3

C

Condensed Interim Statements of Changes in Equity

4

- 6

D

Condensed Interim Consolidated Statement of Cash Flows

7

- 8

E

Notes to the Condensed Interim Consolidated Financial Statements

9 - 23

F

Other Information Required Pursuant by Listing Rule Appendix 7.2

24

- 31

Group

(In S$'000)

Actual

Actual

Change

Description

Note

1HFY2022

1HFY2021

%

Revenue

4

33,253

28,697

15.9

Cost of sales

(24,593)

(22,206)

10.7

Gross profit

8,660

6,491

33.4

Other income

1,043

2,256

(53.8)

Distribution expenses

(1,814)

(1,520)

19.3

Administrative expenses

(6,403)

(5,959)

7.5

Net impairment losses on financial assets

(25)

(232)

(89.2)

Results from operating activities

1,461

1,036

41.0

Finance income

519

97

NM

Finance costs

(345)

(455)

(24.2)

Net finance income/(costs)

174

(358)

NM

Profit before tax

6

1,635

678

NM

Income tax expense

7

(566)

(74)

NM

Profit after tax

1,069

604

77.0

Items that are or may be reclassified subsequently to

profit or loss

Exchange differences arising from translation of the

financial statements of the subsidiary corporations

(535)

(272)

96.7

Total other comprehensive loss for the period, net of tax

(535)

(272)

96.7

Total comprehensive income for the period, net of

period

534

332

60.8

Profit/(loss) attributable to:

Owners of the Company

1,057

719

47.0

Non-controlling interests

12

(115)

NM

1,069

604

77.0

Total comprehensive income/(loss) attributable to:

Owners of the Company

422

443

(4.7)

Non-controlling interests

112

(111)

NM

534

332

60.8

Earnings per share for the profit for the period

attributable to the owners of the Company during the

period:

Basic (SGD in cent)

0.97

0.66

Diluted (SGD in cent)

0.97

0.66

(In S$'000)

Group

Company

Description

Note

31 Oct 2021

30 Apr 2021

31 Oct 2021

30 Apr 2021

ASSETS

Non-current assets

Property, plant and equipment

10

45,116

46,616

41,278

42,684

Right-of-use assets

14

5,870

6,031

5,780

5,915

Investment in subsidiary corporations

-

-

11,297

11,297

Intangible assets

11

8,506

8,506

-

-

Other financial assets

12

360

350

-

-

Club memberships

201

207

-

-

Deferred tax assets

493

491

-

-

Total non-current assets

60,546

62,201

58,355

59,896

Current assets

Inventories

27,046

22,179

-

-

Trade and other receivables

10,224

19,903

1,619

1,972

Prepayment

340

183

29

13

Contract assets

17,483

13,193

-

-

Cash and short-term deposits

13

7,149

7,661

376

589

Tax recoverable

34

10

-

-

Total current assets

62,276

63,129

2,024

2,574

TOTAL ASSETS

122,822

125,330

60,379

62,470

EQUITY AND LIABILITIES

Current liabilities

Trade and other payables

16,767

13,165

7,905

8,292

Deferred grant income

-

115

-

5

Contract liabilities

460

457

-

-

Loans and borrowings

15

12,722

16,389

2,255

2,228

Current tax payables

1,961

1,533

1,515

1,459

Total current liabilities

31,910

31,659

11,675

11,984

Net current assets/(liabilities)

30,366

31,470

(9,651)

(9,410)

Non-current liabilities

Other payables

121

14

121

204

Loans and borrowings

15

43,421

46,816

33,017

34,158

Deferred tax liabilities

138

143

-

-

Total non-current liabilities

43,680

46,973

33,138

34,362

TOTAL LIABILITIES

75,590

78,632

44,813

46,346

(In S$'000)

Group

Company

Description

Note

31 Oct 2021

30 Apr 2021

31 Oct 2021

30 Apr 2021

EQUITY AND LIABILITIES

EQUITY

Equity attributable to owners of the

Company

Share capital

16

39,780

39,780

39,780

39,780

Reserve for own shares

(3,292)

(3,292)

(3,292)

(3,292)

Other reserves

(7,515)

(6,880)

2,292

2,292

Accumulated profits/(losses)

18,563

17,506

(23,214)

(22,656)

47,536

47,114

15,566

16,124

Non-controlling interests

(304)

(416)

-

-

Total equity

47,232

46,698

15,566

16,124

TOTAL EQUITY AND LIABILITIES

122,822

125,330

60,379

62,470

GROUP

Reserve

Share

Foreign

Non-

Share

Currency

Accumulated

Total

for Own

Option

Total

controlling

Description (in S$'000)

Capital

Translation

Profits

Equity

Shares

Reserve

Interests

Reserve

1HFY2022

At 1 May 2021

39,780

(3,292)

2,292

(9,172)

17,506

47,114

(416)

46,698

Profit for the financial period

-

-

-

-

1,057

1,057

12

1,069

Other comprehensive loss

Exchange differences arising from translation of the

-

-

-

(635)

-

(635)

100

(535)

financial statements of the subsidiary corporations

Other comprehensive loss for the financial period,

-

-

-

(635)

-

(635)

100

(535)

net of tax

Total comprehensive income/(loss) for the financial

-

-

-

(635)

1,057

422

112

534

period

At 31 October 2021

39,780

(3,292)

2,292

(9,807)

18,563

47,536

(304)

47,232