Pelangi Publishing Group Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2016. For the quarter, the company announced revenue of MYR 11,123,000 compared to MYR 12,566,000 for the same period a year ago. Operating profit was MYR 2,355,000 compared to MYR 1,870,000 for the same period a year ago. Profit before tax was MYR 2,175,000 compared to MYR 1,656,000 for the same period a year ago. Profit for the period was MYR 1,524,000 compared to MYR 1,583,000 for the same period a year ago. Profit attributable to owners of the company was MYR 1,457,000 or 1.48 sen per basic and diluted share compared to MYR 1,419,000 or 1.44 sen per basic and diluted share for the same period a year ago.

For the nine months, the company announced revenue of MYR 57,368,000 compared to MYR 55,532,000 for the same period a year ago. Operating profit was MYR 11,169,000 compared to MYR 9,745,000 for the same period a year ago. Profit before tax was MYR 10,648,000 compared to MYR 9,180,000 for the same period a year ago. Profit for the period was MYR 7,111,000 compared to MYR 7,975,000 for the same period a year ago. Profit attributable to owners of the company was MYR 7,463,000 or 7.56 sen per basic and diluted share compared to MYR 6,651,000 or 6.74 sen per basic and diluted share for the same period a year ago. Net cash used in operating activities was MYR 2,487,000 compared to MYR 5,535,000 for the same period a year ago. Purchase of plant and equipment was MYR 2,724,000 compared to MYR 4,449,000 for the same period a year ago.

The Board expects the Group's performance to be satisfactory for the financial year ended 30 September 2016.