JAYA TIASA HOLDINGS BHD

JTIASA

Financial result for the quarter ended 30 June 2017

Profit before taxation for this period is due to the other expenses of 66million on impairment loss of RM62.3 million on goodwill  and also the RM3.7 million on the carrying value of its plant and machinery used in the wood production activities was recognized.

Actual profit if exclude the  RM66 million impairment is actually RM-43,870 - RM66,084 = RM 22,214

Asset

The borrowings of the JTIASA si quite high which is  483million for current liabilities and also 591 million for the non current liabilities. This is also not a sign as the finance cost for the company is 11,413 million for this quarter which is about 4.7% from the total revenue.


Segment Results YoY

Overall segment like Logs, Wood processing both of the revenue & profit keep dropping but exception for the Oil Palm which recorded an increase in profit . Overall profit recorded are lower than last years.

Segment Results QoQ

Segment Results Current Vs Previous Quarter

Commentary on Prospects

Look like the management is not very optimistic on the further company prospect.


Borrowings

Borrowing for the company is too high.

International Oil Palm Price