NANYANG PRESS HOLDINGS BERHAD
The Directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the financial year ended 30 June 2005.
The principal activities of the Company are those of investment holding, letting of properties and provision of management services.
The principal activities of the subsidiaries are described in Note 5 to the financial statements. There have been no significant changes in the nature of these activities during the financial year.
R E S U LT S
Profit before taxation Taxation
( 2,993 )
( 2,132 )
Profit after taxation Minority interests
Profit attributable to shareholders of the Company Retained profit brought forward
10,526 ( 93 )
( 3,690 )
( 3,690 )
Profit available for appropriation Less: Dividends
Retained profit carried forward
There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the statements of changes in equity and notes to the financial statements.
In the opinion of the Directors, the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature.
The amount of dividends paid by the Company since 30 June 2004 were as follows:
In respect of the financial year ended 30 June 2004 as reported in the Directors’ report of that year: Second interim dividend of 5% less 28% taxation, paid on 18 November 2004
In respect of the financial year ended 30 June 2005 First interim dividend of 2% less 28% taxation, paid on 11 April 2005