Sanichi Technology Berhad reported unaudited consolidated earnings results for the quarter and year to date ended September 30, 2017. For the quarter, the company's revenue was MYR 3,890,000 compared to MYR 8,815,000 a year ago. Profit from operations was MYR 1,170,000 compared to MYR 96,000 a year ago. Profit before taxation was MYR 1,090,000 compared to MYR 42,000 a year ago. Profit was MYR 1,132,000 compared to MYR 42,000 a year ago. Income attributable to owners of the parent was MYR 1,132,000 compared to MYR 42,000 a year ago. Diluted Profit per share was 0.39 sen compared to 0.01 sen a year ago.

For the year to date, the company's revenue was MYR 33,911,000 compared to MYR 45,477,000 a year ago. The reason for the group's lower revenue for the current year to date was mainly due to the slow down of business from precision mould segment. Loss from operations was MYR 1,960,000 compared to profit of MYR 7,189,000 a year ago. Loss before taxation was MYR 2,203,000 compared to profit of MYR 6,887,000 a year ago. Loss was MYR 2,158,000 compared to profit of MYR 3,822,000 a year ago. Loss attributable to owners of the parent was MYR 2,158,000 compared to profit of MYR 3,822,000 a year ago. Diluted loss per share was 0.74 sen compared to earnings per share of 0.33 sen a year ago. Net cash used in operating activities was MYR 12,904,000 compared to MYR 6,061,000 a year ago. Purchase of plant and equipment was MYR 6,382,000 compared to MYR 2,096,000 a year ago.

Barring any unforeseen circumstances, the board expects the group's performance to be satisfactory for the financial year ending 31 December 2017.