Batu Kawan Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2018. For the quarter, the company reported revenue was MYR 4,472,625,000 against MYR 5,012,875,000 a year ago. Profit before taxation was MYR 268,904,000 against MYR 248,030,000 a year ago. Profit attributable to equity holders of the company was MYR 106,588,000 against MYR 80,779,000 a year ago. Earnings per basic share for profit attributable to equity holders of the company were 26.6 sen against 20.0 sen a year ago.

For nine months, revenue was MYR 14,643,989,000 against MYR 16,246,730,000 a year ago. Profit before taxation was MYR 1,078,109,000 against MYR 1,199,534,000 a year ago. Profit attributable to equity holders of the company was MYR 394,239,000 against MYR 441,637,000 a year ago. Earnings per basic share for profit attributable to equity holders of the company were 98.2 sen against 109.2 sen a year ago. Net cash flows generated from operating activities was MYR 773,981,000 against MYR 891,799,000 a year ago. Purchase of property, plant and equipment was MYR 273,278,000 against MYR 422,989,000 a year ago. Payments of prepaid lease were MYR 561,000 against MYR 1,763,000 a year ago. Plantation development expenditure was MYR 67,590,000 against MYR 103,304,000 a year ago. Property development expenditure was MYR 5,495,000 against MYR 14,244,000 a year ago.

For the year 2018, the group expects a lower profit for the current financial year.