Cypark Resources Bhd announced unaudited consolidated earnings results for the first quarter ended January 31, 2016. The company reported revenue of MYR 68,791,216, operating profit of MYR 14,956,425, profit before tax of MYR 11,950,337, profit attributable to owners of parent of MYR 10,208,630 or 4.11 per diluted share against revenue of MYR 59,922,266, operating profit of MYR 13,354,205, profit before tax of MYR 9,709,427, profit attributable to owners of parent of MYR 8,536,049 or 4.18 per diluted share a year ago. Net cash flows used in operating activities was MYR 22,553,097 against MYR 5,080,279 a year ago.

Purchase of plant and equipment was MYR 189,431 against MYR 523,154 a year ago. Additions to intangible assets was MYR 29,722,272 against MYR 21,601,896 a year ago. The increase in profit before tax was mainly due to the decrease in finance costs and favourable foreign exchange movement of MYR against USD in current quarter.