Nationwide Express Courier Services Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
For the nine months, revenue was MYR 74,801,000 against MYR 72,513,000 last year. Profit before tax was MYR 544,000 against loss before tax of MYR 1,643,000 last year. Loss, net of tax was MYR 10,000 or 0.02 sen per basic share against MYR 1,718,000 or 2.86 sen per basic share last year. Net cash used in operating activities was MYR 4,479,000 against MYR 3,715,000 last year. Purchase of property plant and equipment was MYR 750,000 against MYR 1,798,000 last year. Revenue increased due to the increase in revenue contributed by the courier segment during the period. Loss decreased mainly due to the increase in revenue.