George Kent Malaysia Bhd announced consolidated earnings results for the fourth quarter and full year ended January 31, 2012. For the quarter, the company reported revenue of MYR 48,932,000 against MYR 47,924,000 a year ago. Profit from operations was MYR 8,797,000 against MYR 11,093,000 a year ago. Profit before tax was MYR 9,120,000 against MYR 11,148,000 a year ago. Profit for the period attributable to owners of the parent was MYR 7,034,000 against MYR 8,725,000 a year ago. Basic and diluted profit per share for the period was MYR 3.1 against MYR 3.9 a year ago. The results during the current quarter were lower mainly due to lower manufacturing sales and higher cost of sales that was also affected by higher rejection rates of certain products. For the period, the company reported Revenue of MYR 152.3 million was 8% lower year on year compared to MYR 165.0 million a year ago. Pre-tax profit was MYR 26.2 million was 19% lower compared to MYR 32.4 million a year ago. Profit attributable to owners of the parent was MYR 19.3 million, 22% lower compared to MYR 24.8 million a year ago. Basic and diluted profit per share for the period was MYR 3.1 against MYR 3.9 a year ago. Profit from operations was MYR 25,959,000 against MYR 32,125,000 a year ago. Net cash generated from operating activities was MYR 1,117,000 against MYR 10,026,000 a year ago. Weaker results were mainly due to lower exports of OEM water meters brought about by global economic uncertainty and its current infrastructure projects at early construction stage. The company also announced that the Board Proposed final dividend of 3 sen per share less 25% tax (Including interim dividend, total dividend in fiscal year 2012 is 5 sen per share less 25% tax) for the year ended January 31, 2012. If approved at the AGM, the total gross dividend (interim and final) declared for the financial year ended January 31, 2012 will be MYR 0.05 less tax 25% per share. The Board is optimistic of the Group's prospects for the financial year ending 31st January 2013.