Ta Ann Holdings Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company announced revenue of MYR 237,652,000 compared to MYR 290,744,000 for the same period a year ago. Profit from operations was MYR 26,107,000 compared to MYR 33,692,000 for the same period a year ago. Profit after tax was MYR 37,043,000 compared to MYR 28,551,000 for the same period a year ago. Basic earnings per ordinary share were 5.78 sen compared to 4.07 sen for the same period a year ago.

For the full year, the company announced revenue of MYR 962,220,000 compared to MYR 1,170,847,000 for the same period a year ago. Profit from operations was MYR 115,822,000 compared to MYR 217,054,000 for the same period a year ago. Profit after tax was MYR 94,024,000 compared to MYR 142,273,000 for the same period a year ago. Basic earnings per ordinary share were 17.59 sen compared to 23.55 sen for the same period a year ago.

For the fourth quarter ended December 31, 2018, the company announced property, plant and equipment written off of MYR 196,000 compared to MYR 1,166,000 for the same period a year ago.