Neratel

[KopiKat]

Q113 Results : On a y-o-y basis, lower Revenue & Profit. Looks like 'honeymoon' years of growth from new territority (MENA) is over.

Financials
Presentations

A separate SGX Annc,

THE RESTRUCTURING OF NERA (MALAYSIA) SDN BHD BY NERA TELECOMMUNICATIONS LTD

For an aggregate considertion of RM500,000 (~S$201,000), rather significant impact on NTA & EPS! Using Q113 results as reference,

NTA : 19.54ct -> 21.48ct
EPS : 1.61ct -> 3.54ct

But, could be mainly due to this (from the notes),

The results include recognition of negative goodwill of S$6.61 million arising from the Restructuring on a pro-forma basis.

I wonder if it'll translate to bigger DPS...