Kwantas Corporation Berhad reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2017. For the quarter, the company reported revenue of MYR 244,729,000 against MYR 470,446,000 a year ago. Profit before tax from continuing operation was MYR 27,851,000 against MYR 11,167,000 a year ago. Profit from continuing operations, net of tax was MYR 22,701,000 against MYR 7,167,000 a year ago. Profit for the financial period was MYR 26,179,000 against MYR 7,167,000 a year ago. Profit for the period attributable to owners of the company was MYR 26,586,000 or 8.53 sen per basic share against MYR 7,561,000 or 2.43 sen per basic share a year ago.

For the six months, the company reported revenue of MYR 461,626,000 against MYR 843,348,000 a year ago. Profit before tax from continuing operation was MYR 48,503,000 against MYR 29,624,000 a year ago. Profit from continuing operations, net of tax was MYR 39,753,000 against MYR 23,124,000 a year ago. Profit for the financial period was MYR 45,715,000 against MYR 23,124,000 a year ago. Profit for the period attributable to owners of the company was MYR 46,278,000 or 14.85 sen per share against MYR 23,642,000 or 7.59 sen per share a year ago. Net cash from operating activities was MYR 139,640,000 against MYR 45,170,000 a year ago. Purchase of property, plant and equipment was MYR 3,811,000 against MYR 1,316,000 a year ago. Plantation development expenditure was MYR 1,233,000 against MYR 6,934,000 a year ago.

For the quarter, the company's property, plant and equipment written-off was MYR 1,000 against MYR 218,000 a year ago.