Greenyield Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended July 31, 2017
September 26, 2017 at 04:31 am EDT
Greenyield Berhad reported unaudited consolidated earnings results for the fourth quarter and year ended July 31, 2017. For the quarter, the company reported revenue of MYR 6,671,000 against MYR 8,443,000 a year ago. Loss from operations was MYR 1,657,000 against MYR 479,000 a year ago. Operating loss was MYR 1,726,000 against MYR 645,000 a year ago. Loss before taxation was MYR 1,738,000 against MYR 654,000 a year ago. Loss attributable to owners of the company was MYR 1,769,000 or 0.53 sen per basic share against MYR 262,000 or 0.08 sen per basic share a year ago.
For the year, the company reported revenue of MYR 30,674,000 against MYR 37,300,000 a year ago. Profit from operations was MYR 831,000 against MYR 3,997,000 a year ago. Operating profit was MYR 517,000 against MYR 3,633,000 a year ago. Profit before taxation was MYR 597,000 against MYR 3,629,000 a year ago. Profit attributable to owners of the company was MYR 221,000 or 0.07 sen per basic share against MYR 2,526,000 or 0.76 sen per basic share a year ago. Net cash generated from operating activities was MYR 1,475,000 against MYR 4,471,000 a year ago. Acquisition of property, plant and equipment was MYR 5,861,000 against MYR 2,317,000 a year ago. Acquisition of intangible assets was MYR 30,000 against MYR 34,000 a year ago. Plantation development expenditure was MYR 725,000 against MYR 1,298,000 a year ago.