Pintaras Jaya Bhd Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017; Provides Earnings Guidance for the Year 2017
For the nine months, the company reported revenue of MYR 172,077,000 against MYR 95,948,000 a year ago. Profit before taxation was MYR 41,586,000 against MYR 16,291,000 a year ago. Profit attributable to equity holders of the company was MYR 32,975,000 or 20.1 sen per basic and diluted share against MYR 12,646,000 or 7.7 sen per diluted share a year ago. Net cash flows generated from operating activities was MYR 33,870,000 against MYR 20,143,000 a year ago. Purchases of property, plant and equipment was MYR 11,635,000 against MYR 1,075,000 a year ago.
The company provided earnings guidance for the year 2017. The Board expects the overall performance for year 2017 to be substantially better than year 2016.