AbleGroup Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
For the year, the company reported revenue of MYR 18.75 million against MYR 5.14 million a year ago. Profit before taxation was MYR 245 million against loss of MYR 1.04 million a year ago. Profit attributable to owners of the company was MYR 245 million against loss of MYR 1.04 million a year ago. Diluted earnings per share were 0.093 sen against loss of 0.394 sen a year ago. This is mainly due to substantial construction works which has carried out during the current period for the on-going projects namely Damansara City and Le Nouvel. Net cash generated from operating activities was MYR 8.18 million against MYR 3.81 million a year ago. Purchase of property, plant and equipment was MYR 0.245 million against MYR 0.059 million a year ago.