MB World Group Berhad Reports Earnings Results for the Quarter and Year Ended December 31, 2017
MB World Group Berhad reported earnings results for the quarter and year ended December 31, 2017. For the quarter, revenue was MYR 105,044,000 against MYR 46,955,000 a year ago. Profit before tax was MYR 25,014,000 against MYR 12,227,000 a year ago. Profit for the period was MYR 10,975,000 against MYR 7,762,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 10,975,000 against MYR 7,762,000 a year ago. Basic earnings per share were 9.77 sen against 8.45 sen a year ago.
For the year, revenue was MYR 232,833,000 against MYR 122,697,000 a year ago. Profit before tax was MYR 50,431,000 against MYR 24,456,000 a year ago. Profit for the period was MYR 30,582,000 against MYR 15,789,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 30,582,000 against MYR 15,831,000 a year ago. Basic earnings per share were 27.22 sen against 17.23 sen a year ago. Net cash outflow from operating activities was MYR 77,886,000 against inflow of MYR 3,054,000 a year ago. Purchase of property, plant and equipment was MYR 2,729,000 against MYR 3,249,000 a year ago.