Greenyield Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended 31 July 2015; Provides Earnings Guidance for the Fiscal Year 2016
For the full year, the company reported revenue was MYR 44,255,000 against MYR 51,729,000 a year ago. Profit from operations was MYR 6,243,000 against MYR 8,789,000 a year ago. Operating profit was MYR 6,000,000 against MYR 8,895,000 a year ago. Profit before taxation was MYR 5,979,000 against MYR 8,857,000 a year ago. Profit attributable to owners of the company was MYR 4,397,000 against MYR 6,491,000 a year ago. Diluted earnings per ordinary share were 1.32 sen against 1.94 sen a year ago. Net cash generated from operating activities was MYR 6,216,000 against MYR 7,857,000 a year ago. Acquisition of property, plant and equipment was MYR 6,164,000 against MYR 1,411,000 a year ago. Investment in intangible assets was MYR 15,000 against MYR 4,000 a year ago.
For the fiscal 2016, the board expects a challenging year ahead due to the prevailing slump in commodity prices and the global exchange rate volatility.