16-05-2012, 02:27 PM
Net profit attributable to equity holders of New Toyo = $19.8mil (FY2011).
Deducted $8mil from SAH
Plus $2.25mil (ex-gratia to Mr Yen)
Plus $2mil (Q3 onwards, new supply contract with Phillip Morris)
$16mil or 3.6 cents EPS for a steady state year.
Deducted $8mil from SAH
Plus $2.25mil (ex-gratia to Mr Yen)
Plus $2mil (Q3 onwards, new supply contract with Phillip Morris)
$16mil or 3.6 cents EPS for a steady state year.
(16-05-2012, 02:04 PM)ken Wrote: [ -> ]Hi Curiousparty,
Last year Gross Profit $28 mil.
Associates. Profit $8 mil. (assuming Shanghai Asia)
This year Shanghai Asia makes no contributions.
Therefore gross profit about $20 mil. (assuming flat profits)
The bank balance is about $25 mil.
For the past few years, dividends is about 1.8cts to 2 cts.
Based on above, I assume they should be able to maintain its dividends.
Have to wait for the 2nd qtr to confirm.