RANHILL 联熹

刚查阅财报，发现Disposal of EEJW，造成Ranhill亏损34mil；还有the provision of a cost overrun on the Adhi Project of RM21m。其他的Profit还算是跟前季一样。Ranhill长痛不如短痛，索性卖掉亏损的业务。以下是财报的一部分：


REVIEW OF PERFORMANCE

The Group registered a turnover of RM429.4m and a loss after tax of RM31.7m for the quarter under review.

Because of the substantial increases in the cost of exploration in the oil and gas sector and the resultant effects on the future cash flow of the Group, Ranhill has determined to rationalize its presence in this sector by:

(a) Selling its interests in EEJW, a small gas producer in Java acquired in 2004 at loss of RM34m.
(b) Farming out of Ranhill interests in the remaining Indonesian assets with no gain or loss expected.
(c) Farming out of Ranhill interests in the remaining Philippines assets with no gain or loss expected.


COMPARISON WITH PRECEDING QUARTER’S RESULTS

The Group recorded a consolidated revenue of RM429.4m for the quarter under review. This is RM37.4m (9.5%) higher than the immediate preceding quarter’s revenue of RM392.0m, mainly due to the progress of the Sudan Oil Development Project (Phase II).

A Profit Before Tax (PBT) of RM11.1m was achieved for the quarter under review, a decrease of RM65.7m or 85.5% as compared to the preceding quarter of RM76.8m. This relates mainly to a loss on the disposal of the Group’s associate company (EEJW) in the oil & gas segment of RM34m and the provision of a cost overrun on the Adhi Project of RM21m, while the other segments recorded similar levels of profits.


看来开采石油与天然气的行业是一门有风险的业务，需要大量资金，人力来投资。



照片:容祖儿