Maxwell International Holdings Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the year, the company reported revenue of MYR 193,871,808 against MYR 230,336,694, loss before taxation of MYR 46,954,042 compared to profit before taxation of MYR 26,563,938, loss attributable to owner of the company of MYR 49,756,372 or 12.51 sen per basic and diluted share against profit of MYR 16,812,523 or 4.22 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 34,975,007 compared to net cash generated from operating activities of MYR 26,361,837 and purchase of property, plant and equipment was MYR 8,309,928 compared to MYR 25,320,192 for the last year.