Pintaras Jaya Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported revenue of MYR 52,570,000 against MYR 28,969,000 a year ago. Profit before taxation was MYR 10,859,000 against MYR 4,370,000 a year ago. The marked improvement in these results is mainly due to significant improvement in contribution by the construction division. Profit attributable to equity holders of the company was MYR 8,453,000 or 5.2 sen per basic and diluted share against MYR 3,393,000 or 2.1 sen per diluted share a year ago.

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.