PMB Technology Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue was MYR 85.415 million against MYR 126.75 million a year ago. The decrease was mainly due to lower revenue contribution from Construction and Fabrication segment. Profit from operations was MYR 4.252 million against MYR 5.087 million a year ago. Profit before tax was MYR 3.197 million against MYR 3.581 million a year ago. Profit attributable to the company was MYR 2.245 million against MYR 2.694 million a year ago. Basic earnings per share were 2.90 sen against 3.48 sen a year ago.

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.