Rhone Ma Holdings Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2017
February 25, 2018
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Rhone MA Holdings Berhad reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company’s revenue was MYR 36,202,000 compared to MYR 31,284,000 a year ago. Profit before tax was MYR 4,135,000 compared to loss before tax of MYR 984,000 a year ago. Profit attributable to owners of the parent was MYR 3,583,000 or 2.15 sen per basic share compared to loss of MYR 1,840,000 or 1.47 sen per basic share a year ago. The increase in revenue was mainly due to the increase in revenue from animal health products of approximately MYR 4.95 million.
For the year, the company’s revenue was MYR 137,488,000 compared to MYR 119,195,000 a year ago. Profit before tax was MYR 17,062,000 compared to MYR 13,220,000 a year ago. Profit attributable to owners of the parent was MYR 13,918,000 or 8.38 sen per basic share compared to MYR 9,166,000 or 7.31 sen per basic share a year ago. Net cash from operating activities was MYR 4,530,000 compared to MYR 6,944,000 a year ago. Purchase of property, plant and equipment was MYR 8,045,000 compared to MYR 313,000 a year ago. The increase in revenue was mainly due to the increase in revenue from animal health products and food ingredients of approximately MYR 9.47 million and MYR 6.84 million respectively.
Rhone Ma Holdings Berhad is a Malaysia-based investment holding company, which is engaged in the provision of management services to its subsidiaries. The Companyâs segments include Animal health products and equipment, which is engaged in marketing, trading, distribution and manufacturing of animal health products and equipment and undertaking research and development activities related to animal health, food safety and agriculture in animal health products; Food ingredients segment, which is engaged in distribution and supply of food ingredients to manufacturers within the food and beverage industry, and Others, which includes provision of diagnostic laboratory analyses and consultation services to the veterinary, agriculture and food industries, provision of tests and diagnostics services for human healthcare, conduct research and development in biotechnology and distribution of human healthcare and related products, management services and business of livestock.
RHONE MA HOLDINGS 
