SP Setia Berhad : 3QFY10 Results Likely To Come In Within Expectations - 20/09/2010

♦ Expect 3QFY10 numbers to be in line. SP Setia will announce its 3QFY10
results on 23rd Sept 2010. Given its strong unbilled sales of RM2bn (as at Jul
2010 but before 3QFY10 earnings), we expect 3QFY10 earnings to come in
within our expectations. In addition, 2H is typically stronger in a financial
year. To recap, 1HFY10 earnings made up about 47% of our full year net
profit estimate of RM188.9m.

SP Setia Berhad : 3QFY10 Results Likely To Come In Within Expectations - 20/09/2010