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Quarterly Report For The Quarter Ended 31 October 2009

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Quarterly Report For The First Quarter Ended 31 October 2009

Unaudited Condensed Consolidated Income Statement
Income Statement

(*) The comparative figures for earnings per ordinary share have been restated to account for the effect of bonus issue and subdivision of shares.



(The Condensed Unaudited Consolidated Income Statements should be read in conjunction with the Audited Financial Statements for the year ended 31 July 2009)



Unaudited Condensed Consolidated Balance Sheet
Balance Sheet

Note 1: Amount due to directors consists of directors' fee and directors' other emoluments.



(The Condensed Unaudited Consolidated Balance Sheets should be read in conjunction with the Audited Financial Statements for the year ended 31 July 2009)



Review Of Performance

The Group's revenue for the first quarter under review was lower at RM152.392 million as compared to the revenue in the corresponding quarter last year of RM161.982 million; a decrease of RM9.590 million. The decrease in revenue was due to the existing stores registering at lower sales. The Group's profit before tax in the current quarter at RM13.737 million was lower as compared to the profit before tax of RM13.998 million in the corresponding quarter last year; a decrease of RM0.261 million. The decrease in profit before tax was mainly due to the lower sales registered for current quarter under review.