1.	Review of Performance

The Group achieved a higher revenue of RM18.54 million for the current quarter under review, representing an increase of 31.73% over the previous year’s corresponding quarter of RM14.07 million. The increase in revenue for the current quarter was mainly due to increase in sales volume and higher average selling price.

The Group recorded profit before tax of RM0.278 million for the current quarter as compared to a profit before tax of RM0.281 in the corresponding quarter of the previous year. 

2.	Variation of Results Against Preceding Quarter

The Group’s recorded a slightly higher revenue of RM18.54 million for the current quarter as compared to RM18.39 million in the immediate preceding quarter. 

The Group achieved a profit before tax of RM0.278 million for the current quarter as compared to a loss before tax of RM2.84 million in the preceding quarter, mainly due to:

(i)	higher gross profit margin arising from higher average selling price and cost saving measures implemented

(ii)	higher provision for stocks obsolescence of RM0.78 million and doubtful debts of RM1.3 million in the preceding quarter

3.	Current Year Prospects

The Directors expect that the Group’s performance would be improved as the selling price is expected to move up in tandem with the increased demand  and raw material especially cement, steel and fuel prices is expected to remain stable in the current financial year.

4.	Profit Forecast

Not applicable for the current financial year as no profit forecast was published. 

5.	Tax Expense

	Current Quarter 
30 June 2007	
	RM’000	
Tax expense		
Current year tax expense 	46	
  Under provision in respect of prior year	4	
  Deferred taxation	(15)	
	35	

The Group’s effective tax rate is lower than the prima facie tax rate due to the       availability of the reinvestment allowance claimed by one of its subsidiaries.

6.         Quoted Investments

	As at 30 June 2007	As at 30 June 2006	
	Book 
value	Market
 Value	Book 
value	Market Value	
	RM’000	RM’000	RM’000	RM’000	
Total quoted investments	4	3	4	3	

7.         Status of Corporate Proposals

            There were no corporate proposals announced but not completed as at the date of this report.

8.		Borrowings 

The Group’s short term borrowings as at 30 June 2007 is as follow:
	RM’000	
Bankers’ acceptances – Unsecured	1,514	

9.      Off Balance Sheet Financial Instruments

There were no financial instruments with off balance sheet risks as at the date of this report.

10.	Dividends

No interim dividend has been declared for the current financial period to date.
	.	

 11.    Changes in Material Litigation

No material litigation for the period under review.  

12.	Earnings Per Share

Basic Earnings Per Share
	
Current  Quarter
30/06/2007	
Net profit attributable to ordinary equity holders of the parent (RM’000)
	
243	
Number of ordinary shares issued (‘000)
	60,021	
Weighted average number of ordinary shares issued (‘000)
	60,021	
Basic Earnings Per Share (sen)	0.40	

Fully Diluted Earnings Per Share

The assumed conversion of the options under the Executive’s Share Option Scheme (ESOS) would be anti-dilutive as the exercise price of the ESOS of the Company is higher than the average market price of the share. Hence the basic and fully diluted earning per share are the same.