AbleGroup Berhad announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported revenue of MYR 1,203,000 compared to MYR 1,305,000 a year ago. Loss before tax from continuing operations was MYR 2,427,000 compared to MYR 22,652,000 a year ago. Loss from continuing operations, net of tax was MYR 2,427,000 compared to MYR 22,617,000 a year ago. Loss, net of tax was MYR 2,427,000 compared to MYR 40,594,000 a year ago. Loss attributable to equity holders of the parent company was MYR 2,427,000 compared to MYR 40,594,000 a year ago. Basic and diluted loss per share from continuing operations attributable to equity holders of the parent company was 0.92 sen compared to 13.90 sen a year ago.

For the year, the company reported revenue of MYR 5,699,000 compared to MYR 10,803,000 a year ago. Loss before tax from continuing operations was MYR 3,421,000 compared to MYR 24,139,000 a year ago. Loss from continuing operations, net of tax was MYR 3,421,000 compared to MYR 24,104,000 a year ago. Loss, net of tax was MYR 8,456,000 compared to MYR 50,341,000 a year ago. Loss attributable to equity holders of the parent company was MYR 8,456,000 compared to MYR 50,341,000 a year ago. Basic and diluted loss per share from continuing operations attributable to equity holders of the parent company was 1.34 sen compared to 14.81 sen a year ago. Net operating cash flows were MYR 680,000 compared to MYR 6,904,000 a year ago. Purchase of land held for property development was MYR 28,202,000. Purchase of property, plant and equipment was MYR 8,000 compared to MYR 980,000 a year ago.