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Annual Audited Account  |  Financial Results  |  General Announcements  |  General Meetings  |  Changes in Shareholdings  |  Circulars to Shareholders

Quarterly Rpt On Consolidated Results For The Financial Period Ended 30/09/2017

BackNov 29, 2017
Financial Year End 31 Dec 2017
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2017
The figures have not been audited

Remarks :

On 25 March 2015, the Board of Directors of Reach Energy Berhad ("REB" and/or "the Company") had resolved to change the financial year end of the Company from 31 July to 31 December. As REB is no longer a Special Purpose Acquisition Company ("SPAC") effective 16 December 2016 pursuant to its acquisition of Palaeontol B.V. ("PBV"), and accordingly the Group shall announce the interim financial report on a quarterly basis as opposed to half yearly basis previously. Due to these changes, there are no comparative figures given for preceding year corresponding quarter in the current report.

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2017

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2017
30 Sep 2016
30 Sep 2017
30 Sep 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
22,106
0
107,468
0
2 Profit/(loss) before tax
-23,651
0
-63,751
-17,651
3 Profit/(loss) for the period
-20,508
0
-59,522
-17,648
4 Profit/(loss) attributable to ordinary equity holders of the parent
-12,312
0
-36,574
-17,648
5 Basic earnings/(loss) per share (Subunit)
-0.01
0.00
-0.02
-0.01
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.8700
0.9400

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence




Announcement Info

Company Name REACH ENERGY BERHAD
Stock Name REACH
Date Announced 29 Nov 2017
Category Financial Results
Reference Number FRA-22112017-00014

Attachments

  1. REB_(R)_3Q_unaudited_FR_30.9.2017.pdf (Size: 152,292 bytes)

Reach Energy was incorporated in Malaysia under the Companies Act 1965 as a private limited company on 7 February 2013 under the name of Reach Energy Sdn Bhd. On 2 August 2013 our company converted into a public company and was renamed as Reach Energy Berhad.



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