Amcorp Properties Berhad Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended September 30, 2018; Provides Earnings Outlook for the Year Ending March 31, 2019
For the six months, the company's revenue was MYR 61,405,000 compared to MYR 73,598,000 a year ago. Operating profit was MYR 9,031,000 against MYR 5,422,000 a year ago. Profit before taxation was MYR 20,247,000 compared to MYR 36,595,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 14,544,000 or 1.26 sen per diluted share compared to MYR 33,458,000 or 4.65 sen per diluted share a year ago.
Barring any unforeseen circumstances, the Board expects the group's operations to be profitable for the year ending March 31, 2019.