ES Ceramics Technology Bhd Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2015
For the six months, the company reported revenue of MYR 14,315,493 against MYR 13,268,312 a year ago. Operating profit was MYR 4,129,952 against MYR 3,364,106 a year ago. Profit beore tax was MYR 3,395,817 against MYR 2,588,789 a year ago. Profit attributable to equity holders of the parent was MYR 3,343,612 or 1.6 sen per basic share against MYR 2,543,977 or 1.3 sen per basic share a year ago. Net cash flows from operating activities were MYR 3,407,164 against MYR 3,495,973 a year ago. Purchase of property, plant and equipment was MYR 1,148,540 against MYR 23,358 a year ago. Net assets per share attributable to ordinary equity holders of the parent as at November 30, 2015 were 19 sen. EBITDA was MYR 4,265,192 against MYR 3,405,288 a year ago. The increase in profit before tax mainly resulted from continuous cost improvement, better products mix as well as higher output volume.