The Group recorded profit before tax of RM5.81 million in the first quarter as compared to RM3.96 million in the corresponding quarter in the preceding year, which was an improvement of 46%.
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The Notice of AGM dated 6 May 2011 is attached for your attention.
This announcement is dated 5 May 2011.
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Kuala Lumpur – Tamadam Bonded Warehouse Berhad (“Tamadam”), a leading Malaysian in-flight catering and logistics services provider, today announced its unaudited year-end results for the financial year ended 31st December 2010. The results showed significantly improved performance compared with the previous year.
Compared to the previous year, Tamadam posted a 5.7% improvement in group revenue to RM165.7 million. Profit before tax was RM19.5 million, a 75% increase, while profit after tax improved by 103% from RM5.9 million to RM12.1 million. Earnings per share increased by 170% jumping from 1.33 sen per share to 3.59 sen per share.
“The main contributor to the greatly improved results was the in-flight catering division, which saw an increase in meals served arising from the higher number of passengers travelling from KLIA and Penang airports during the year. During the festive year end season, a new record of 50,000 meals a day was achieved at the KLIA kitchen between Christmas Day and New Year’s Day, the peak travelling period of the year. Tamadam is expected to see further positive improvement to its bottom line in 2011 in both the in-flight catering service division as airlines continue to expand their fleets and routes as well as the logistics division.” said Eric Cheam Heng Cheang, Managing Director.
Tamadam, a public listed company on the Main Market of Bursa Malaysia, is an investment holding company. Companies and joint-ventures in the Tamadam Group provide inflight catering services, warehousing and logistics solutions and operate restaurants. For full details, please download and read the text of the announcements below.
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This announcement is dated 25 February 2011.
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This announcement is dated 25 February 2011.
Further to Tamadam’s announcements made on 11 May 2009, 7 August 2009,13 November 2009 and 12 February 2010,14 May 2010 and 18 November 2010, the Board of Directors of Tamadam wish to announce that to-date there have been no further material developments in the above matter.
This announcement is dated 18 February 2011.
Further to Tamadam’s announcements made on 13 May 2008, 13 August 2008, 13 November 2008, 13 February 2009, 13 May 2009, 7 August 2009, 13 November 2009 and 12 February 2010,14 May 2010 and 18 November 2010, the Board of Directors of Tamadam wish to announce that to date there have been no further material developments since the signing of the above MOU dated 13 May 2008.
This announcement is dated 18 February 2011.
Revenue for the quarter ended 30 September 2010 was RM42.17 million as compared to RM38.41 million in the corresponding quarter in the preceding year, which was an improvement of 9.80%.
The Group recorded profit before tax of RM6.04 million in the Third Quarter as compared to RM4.19 million in the corresponding quarter in the preceding year, which was an improvement of 44.1%.
Compared to the immediate preceding quarter’s results, the Group’s revenue has decreased from RM42.83 million in the second quarter of 2010 to RM42.17 million in the third quarter of 2010 due to seasonal decrease in revenue of the In-Flight Catering Division. The Group recorded profit before tax of RM6.04 million for the current quarter as compared to profit before tax of RM5.17 million in the immediate preceding quarter.
The Group’s prospects are expected to improve in the Fourth Quarter of 2010 due to the expected increase in revenue of the In-Flight Catering Division. The increase is expected due to seasonal factors, continued enhancement of in-flight items, new routes flown by customers and projected increase in passengers due to the year-end festive season which are cumulatively expected to result in an increase in the number of meals produced in the Fourth Quarter of 2010.
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This announcement is dated 30 November 2010.
Further to Tamadam’s announcements made on 11 May 2009, 7 August 2009,13 November 2009 and 12 February 2010 and 14 May 2010, the Board of Directors of Tamadam wish to announce that to-date there have been no further material developments in the above matter.
This announcement is dated 18 November 2010.
Further to Tamadam’s announcements made on 13 May 2008, 13 August 2008, 13 November 2008, 13 February 2009, 13 May 2009, 7 August 2009, 13 November 2009 and 12 February 2010 and 14 May 2010, the Board of Directors of Tamadam wish to announce that to date there have been no further material developments since the signing of the above MOU dated 13 May 2008.
This announcement is dated 18 November 2010.