Capital World Limited announced unaudited group earnings results for the second quarter and half year ended December 31, 2017. For the quarter, the company reported revenue was MYR 45,952,000 against MYR 17,977,000 a year ago. The Group's revenue increased by MYR 28.0 million mainly due to higher revenue recognition from the Capital 21 (retail podium component of the Group's mixed development in Johor, Malaysia) and Capital Suites (serviced suites component of the Group's mixed development in Johor, Malaysia), in line with higher percentage of works completed. Profit before tax was MYR 23,559,000 against MYR 12,282,000 a year ago. Profit after tax was MYR 17,404,000 against MYR 9,151,000 a year ago. Profit attributable to owners of the company was MYR 17,412,000 against MYR 9,151,000 a year ago. Basic and diluted earnings per share were of 1.37 cents against 0.85 cents a year ago. Net cash flows used in operating activities was MYR 22,780,000 against net cash flows generated from operating activities of MYR 31,339,000 a year ago. Purchase of property, plant and equipment was MYR 3,271,000 against MYR 8,524,000 a year ago. Expenditure on investment property under construction was MYR 6,518,000 against MYR 19,621,000 a year ago.

For the half year, the company reported revenue was MYR 90,109,000 against MYR 45,657,000 a year ago. Profit before tax was MYR 49,880,000 against MYR 31,803,000 a year ago. Profit after tax was MYR 37,082,000 against MYR 23,859,000 a year ago. Profit attributable to owners of the company was MYR 37,123,000 against MYR 23,859,000 a year ago.

For the quarter, the company reported plant and equipment written off of MYR 258,000.