Konsortium Transnasional Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
For the year, the company reported revenue of MYR 179,483,000 against MYR 223,293,000 a year ago. Profit from operations was MYR 6,401,000 against MYR 13,772,000 a year ago. Profit before tax was MYR 1,501,000 against MYR 9,814,000 a year ago. The decrease of profit is attributable to lower business volume and higher maintenance cost of the aged buses. Profit attributable to owners of the parent was MYR 1,318,000 or 0.33 sen per basic share against MYR 5,913,000 or 1.47 sen per basic share a year ago. Net cash generated from operating activities was MYR 42,646,000 against MYR 29,477,000 a year ago. Purchase of property, plant and equipment was MYR 68,426,000 against MYR 99,296,000 a year ago.