Kwantas Corporation Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2019. For the quarter, the company announced revenue was MYR 203,026,000 compared to MYR 129,050,000 for the same period a year ago. Loss for the financial period was MYR 55,717,000 or 15.99 sen per basic share compared MYR 101,448,000 or 31.40 sen per basic share for the same period a year ago.

For the six months, the company announced revenue was MYR 773,665,000 compared to MYR 771,272,000 for the same period a year ago. Loss for the financial period was MYR 99,648,000 or 29.66 sen per basic share compared MYR 93,406,000 or 28.56 sen per basic share for the same period a year ago.

For the fourth quarter ended June 30, 2019, the company announced impairment loss on property, plant and equipment of was MYR 27,948,000 compared to MYR 50,004,000 for the same period a year ago. Property, plant and equipment written off was MYR 1,080,000 compared to MYR 82,000 for the same period a year ago.