Batu Kawan Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended September 30, 2018; Provides Earnings Guidance for the Financial Year 2019
For the year, the company reported revenue of MYR 18,966,357,000 against MYR 21,548,322,000 a year ago. Profit before taxation was MYR 1,276,705,000 against MYR 1,622,131,000 a year ago. Profit attributable to owners of the company was MYR 465,476,000 or 116.0 sen per basic share against MYR 586,646,000 or 145.2 sen per basic share a year ago. Net profit was MYR 925,681,000 against MYR 1,198,723,000 a year ago.
The company also provided earnings guidance for the financial year 2019. For the year, the group expects that the group's is likely to be affected by the current depressed palm product prices.