Amverton Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Amverton Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company's revenue was MYR 29,936,000 compared to MYR 23,708,000 a year ago. Operating profit was MYR 4,925,000 compared to MYR 2,065,000 a year ago. Profit before tax was MYR 5,465,000 compared to MYR 2,563,000 a year ago. Profit attributable to owners of the company was MYR 3,607,000 compared to MYR 1,489,000 a year ago. Basic earnings per share was 0.99 sen compared to 0.41 sen a year ago. Net cash flow generated from operating activities was MYR 7,280,000 against net cash flow absorbed by operating activities of MYR 5,463,000 a year ago. Purchase of property, plant and equipment was MYR 1,205,000 against MYR 1,345,000 a year ago.