Konsortium Transnasional Bhd announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of MYR 55,142,000 against MYR 61,076,000 a year ago. Profit from operations was MYR 3,515,000 against MYR 2,901,000 a year ago.

Profit before income tax was MYR 2,822,000 against MYR 2,138,000 a year ago. Profit attributable to equity holders of the parent was MYR 2,297,000 or 0.57 sen per basic and diluted share against MYR 1,618,000 or 0.40 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 367,000 against MYR 1,666,000 a year ago.

Purchase of property, plant and equipment was MYR 5,000 compared to nil for the same period a year ago. The increase of profit is attributable to more efficient cost saving initiatives taken by the management.