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Quarterly Rpt On Consolidated Results For The Financial Period Ended 30/06/2017
| Financial Year End | 31 Dec 2017 |
| Quarter | 2 Qtr |
| Quarterly report for the financial period ended | 30 Jun 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
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INDIVIDUAL PERIOD
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CUMULATIVE PERIOD
|
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CURRENT YEAR QUARTER
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PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
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PRECEDING YEAR
CORRESPONDING PERIOD |
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30 Jun 2017
|
30 Jun 2016
|
30 Jun 2017
|
30 Jun 2016
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$$'000
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$$'000
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$$'000
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$$'000
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| 1 | Revenue |
40,737
|
0
|
85,362
|
0
|
| 2 | Profit/(loss) before tax |
-23,078
|
0
|
-40,100
|
-11,926
|
| 3 | Profit/(loss) for the period |
-21,252
|
0
|
-39,014
|
-16,067
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
-14,533
|
0
|
-24,262
|
-16,067
|
| 5 | Basic earnings/(loss) per share (Subunit) |
-0.01
|
0.00
|
-0.02
|
-0.06
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
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AS AT PRECEDING FINANCIAL YEAR END
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| 7 |
Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.8900
|
0.9400
|
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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 | 24 Aug 2017 |
| Category | Financial Results |
| Reference Number | FRA-21082017-00015 |
Attachments
- REB_2Q_2017_unaudited_FR.pdf (Size: 789,386 bytes)