Maxwell International Holdings Berhad announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of MYR 19,894,130 against MYR 23,833,099 a year ago. Loss before taxation was MYR 3,044,523 against profit before taxation of MYR 688,073 a year ago.

Loss attributable to owners of the company was MYR 3,045,883 or 0.77 sen per basic and diluted share against profit attributable to owners of the company of MYR 36,640 0.01 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 6,641,961 against net cash generated from operating activities of MYR 5,673,099 a year ago. Purchase of property, plant and equipment was MYR 7,595,027 against MYR 10,601,480 a year ago.