Kim Teck Cheong Consolidated Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018; Provides Earnings Guidance for the Fourth Quarter of Fiscal 2018
For the nine months, revenue was MYR 322,423,000 against MYR 311,722,000 a year ago. Operating loss was MYR 3,586,000 against MYR 7,053,000 a year ago. Loss before tax was MYR 9,442,000 against profit of MYR 1,970,000 a year ago. Net loss for the period was MYR 6,788,000 against profit of MYR 1,893,000 a year ago. Loss attributable to owners of the company was MYR 6,660,000 against profit of MYR 1,875,000 a year ago. Loss per diluted share attributable to owners of the company was 1.25 sen against earnings of 0.28 sen a year ago. Net operating cash outflows were MYR 24,273,000 against MYR 33,453,000 a year ago. Purchase of property, plant and equipment was MYR 3,544,000 against MYR 5,264,000 a year ago.
The Board of Directors of is of the view that the Group's overall performance for the next quarter is expected to be improved.