Ahmad Zaki Resources Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company announced revenue was MYR 357,976,000 compared to MYR 229,215,000 for the same period a year ago. Profit from operations was MYR 20,672,000 compared to MYR 27,469,000 for the same period a year ago. Profit before taxation was MYR 12,930,000 compared to MYR 8,398,000 for the same period a year ago. Profit attributable to owners of the company was MYR 7,062,000 compared to MYR 5,441,000 for the same period a year ago. Basic earnings per share were 1.46 sen compared to 1.13 sen for the same period a year ago. The higher revenue was mainly contributed by construction division as certain projects have shown higher progress during the period as well as the impact of additional new projects awarded during second quarter of 2016. The group pre-tax profit increased mainly due to higher other operating income recorded in fourth quarter of 2016. For the full year, the company announced revenue was MYR 1,202,251,000 compared to MYR 714,972,000 for the same period a year ago. Profit from operations was MYR 104,370,000 compared to MYR 75,992,000 for the same period a year ago. Profit before taxation was MYR 58,342,000 compared to MYR 32,082,000 for the same period a year ago. Profit attributable to owners of the company was MYR 25,992,000 compared to MYR 22,877,000 for the same period a year ago. Basic earnings per share were 5.38 sen compared to 4.73 sen for the same period a year ago. Net cash used in operating activities was MYR 347,513,000 compared to MYR 266,257,000 for the same period a year ago. New planting expenditures incurred was MYR 38,257,000 compared to MYR 26,062,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 128,333,000 compared to MYR 26,838,000 for the same period a year ago. Purchase of leasehold land was MYR 13,823,000 compared to MYR 15,270,000 for the same period a year ago.