TA Enterprise Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of MYR 307,355,000 compared to MYR 198,285,000 a year ago. Operating profit was MYR 132,274,000 compared to operating loss of MYR 62,746,000 a year ago. Profit before tax was MYR 114,272,000 compared to loss of MYR 70,733,000 a year ago. Profit attributable to equity holders of the company was MYR 83,217,000 or earnings of 4.86 sen per basic and diluted share compared to loss of MYR 80,368,000 or 4.69 sen per basic and diluted share a year ago. Net cash generated from operating activities was MYR 73,969,000 compared to MYR 109,094,000 a year ago. Purchase of property, plant and equipment was MYR 347,113,000 compared to MYR 11,178,000 a year ago. Purchase of investment properties was MYR 612,000 compared to MYR 3,332,000 a year ago.

Barring any unforeseen circumstances, the Group's financial performance is expected to be satisfactory for the financial year ending December 31, 2017.