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| February 29, 2012
TELEDATA (SINGAPORE) LIMITED|
(Incorporated in the Republic of Singapore)
(Company Registration No. 197600922M)
|QUARTERLY UPDATE PURSUANT TO LISTING RULE 1313(2)
Pursuant to Listing Rule 1313(2), the Company wishes to provide an update on the
Company and the Group for the quarter ended 31 December 2011 (“4Q FY2011”).
|1.||Update on unaudited Financial Performance and Position
The Group recorded revenue of S$7.4 million and net profit before tax of S$0.7 million
for 4Q FY2011, continuing the trend of positive results seen in the previous three
quarters of FY2011.
For the whole year of FY2011, Group revenue was S$24.3 million, an increase of 38.9%
over the S$17.5 million revenue in FY2010. The Group’s net profit before tax was S$1.1
million in FY2011, compared with a net loss before tax of S$8.6 million in FY2010.
As at 31 December 2011, shareholders’ equity was S$5.9 million, compared with S$4.9
million as at 31 December 2010.
|2.||Material Development and Future Direction|
The Group looks forward to the next 12 months with cautious optimism as it seeks to
capitalise, for its core business, on opportunities arising from the ongoing evolution of
unified communications and cloud computing and hosting services.
Concurrently, the Group continues to develop its presence in other countries in the
region. Its South Korea subsidiary, established in June 2011, has contributed
substantially to the Group’s revenue in 4Q FY2011. A subsidiary in Malaysia was
established in December 2011 and is commencing operations in the first quarter of 2012.
Management continues to seek small but attractive acquisition targets for near-term
growth. In this respect, the Company will provide updates if and when any significant
By Order of the Board
Irene Valencia Goutama
Executive Director and Chairman
29 February 2012