Teo Guan Lee Corporation Bhd announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported revenue of MYR 19,414,000 against MYR 20,222,000 a year ago. Profit from the operation was MYR 395,000 against loss from the operation of MYR 1,574,000 a year ago. Profit before taxation was MYR 354,000 against loss before taxation of MYR 1,622,000 a year ago. Profit attributable to equity holders of the parent was MYR 263,000 or 0.65 sen basic per share against loss attributable to equity holders of the parent of MYR 1,203,000 or 2.95 sen basic per share a year ago. The decrease in sales of children apparels was mainly due to the stiff competition among competitors and the relatively soft retail market.

For the six months, the company reported revenue of MYR 45,898,000 against MYR 53,418,000 a year ago. Profit from the operation was MYR 4,219,000 against MYR 6,712,000 a year ago. Profit before taxation was MYR 4,082,000 against MYR 6,533,000 a year ago. Profit attributable to equity holders of the parent was MYR 3,071,000 or 7.54 sen basic per share against MYR 4,841,000 or 11.88 sen basic per share a year ago. Net cash from in operating activities was MYR 7,894,000 against MYR 4,704,000 a year ago. Purchase of property, plant and equipment was MYR 679,000 against MYR 734,000 a year ago. Purchase of financial assets through profit or loss was MYR 10,123,000 against MYR 2,779,000 a year ago.