Challenger Technologies

[kopitescouser]

when does the q1 results come out? =D excited

[CityFarmer]

when does the q1 results come out? =D excited

http://info.sgx.com/webcoranncatth.nsf/V...9003BA23C/$file/RELEASEOFFINANCIALRESULTSFORQ12013.pdf?openelement

10 May 2013, after trading hours.

[felixleong]

new product
Microsoft Surface RT

http://www.challenger.sg/images/Website%...lights.jpg

http://singapore-promotions.com/computer...013-62465/

whether apple, samsung or microsoft wins, we also win ^^

[felixleong]

Q1 results will be out tonight

[CityFarmer]

Q1 results will be out tonight

and dividend of 1.25 cents will be credited tonight too

[felixleong]

Revenue grew by 41% or $29.3M to $100.7M for 1Q2013 compared to 1Q2012.
 Net profit increased by 15% or $0.6M to $4.6M. The increase in net profit would
be approximately 31% if not for the foreign exchange gain and gain on disposal
of other investment in 1Q2012.

Very good set of results, as earnings were up 15%

just checked my bank account, feels good to see the dividends in ^_^

[kopitescouser]

What website you all use to check the reports and any announcements huh?

[felixleong]

go to sgx.com
under company disclosures

[CityFarmer]

Look further into the 1QFY13 reprot, the summary and comments below

- 1QFY13 is a good quarter, with 41% increased in revenue, and 15% increased in net profit. The key contributor was same store sales growth. The number of stores in Singapore and Malaysia remains more and less the same, but the revenue per store improved quite a bit, especially the Malaysia ones. This is definitely a good news to shareholders
- CCC was in high single-digit level, which was acceptable, but on high side of company's norm. The culprit was the higher receivable turnover, not sure the reason, might due to higher uses of credit payment?
- Gross and net margin continue to reduce. Gross margin reduced from 20% to 17%, net margin reduced from 5.6% to 4.6% YoY. This is definitely a concern.
- NAV continue to increase QoQ, from end of FY12 of $51.4 mil to $56.1 mil.

Conclusion, happy as shareholder, and will continue to be one.

(vested)

[pianist]

Also a happy shareholder here, continue to be one. Never sold a single share bought todate. Net exposure at 0.04