TA Global Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Announces Impairment Loss on Property, Plant and Equipment for the Fourth Quarter Ended December 31, 2018
For the full year, the company announced revenue was MYR 1,932,810,000 compared to MYR 745,059,000 for the same period a year ago. Operating profit was MYR 284,942,000 compared to MYR 167,076,000 for the same period a year ago. Profit for the period was MYR 155,434,000 compared to MYR 140,468,000 for the same period a year ago. Basic and fully diluted earnings per share was 2.92 sen compared to 2.64 sen for the same period a year ago.
For the fourth quarter ended December 31, 2018, the company announced impairment loss on property, plant and equipment of MYR 7,349,000 compared to MYR 652,000 for the same period a year ago.