PMB Technology Bhd Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016; Provides Group Earnings Guidance for the Fiscal 2016
For the year to date, the company reported revenue was MYR 253.919 million against MYR 345.882 million a year ago. Profit from operations was MYR 12.678 million against MYR 12.824 million a year ago. Profit before tax was MYR 9.58 million against MYR 8.07 million a year ago. Profit attributable to the company was MYR 7.055 million against MYR 6.053 million a year ago. Basic earnings per share were 9.11 sen against 7.81 sen a year ago. Net cash from operating activities was MYR 10.375 million against MYR 6.287 million a year ago. Acquisition of property, plant and equipment and investment properties was MYR 3.066 million against MYR 6.787 million a year ago.
In line with the group's current operation activities, the operating results for the remaining of the year 2016 are expected to be satisfactory.