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Latest Quarterly Results

Quarterly Report For The Financial Period Ended 30 September 2017

Financials Archive

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Condensed Consolidated Statement Of Comprehensive Income
For The Third Quarter Ended 30 September 2017

(The figures have not been audited)

Condensed Consolidated Statement Of Comprehensive Income

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements for the financial year ended 31 December 2016 and the accompanying explanatory notes attached to the interim financial statements.

Condensed Consolidated Statement Of Financial Position As At 30 September 2017

(The figures have not been audited)

Condensed Consolidated Statement Of Financial Position

The Unaudited Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited financial statements for the financial year ended 31 December 2016 and the accompanying explanatory notes attached to the interim financial statements.

Review of Performance

Review of Performance

Manufacturing Division

The revenue of 2017 second quarter was recorded at RM15.8 million as compared to RM18.1 million of the corresponding quarter in preceding year,a decrease of RM2.3 million. This was attributed to lower local and export sales.

Property Division

The Group's loss before tax of current quarter was recorded at RM0.3 million as compared to RM0.7 million profit before tax of the corresponding quarter in preceding year,a decrease of RM1.0 million mainly due to lower gross profit in tandem with the lower revenue coupled with higher material cost.

Current Year Prospects

The manufacturing division shall continue to compete strategically in terms of pricing and product offerings to strengthen its market share to improve its financial result.

Construction works of Damai Vista Condominium will continue to progress as scheduled despite the property sector outlook is challenging in the current economic environment.


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