Yee Lee Corporation Bhd. announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported revenues of MYR 287,546,000 compared with MYR 247,913,000 for the same period a year ago. Profit before tax was MYR 15,872,000 compared with MYR 13,488,000 for the same period a year ago. Profit attributable to owners of the company was MYR 12,469,000 or 6.56 sen per basic and fully diluted share compared with MYR 10,916,000 or 5.81 sen per fully diluted share for the same period a year ago.

For the nine months, the company reported revenues of MYR 824,494,000 compared with MYR 765,342,000 for the same period a year ago. Profit before tax was MYR 34,132,000 compared with MYR 41,977,000 for the same period a year ago. Profit attributable to owners of the company was MYR 25,960,000 or 13.65 sen per basic and fully diluted share compared with MYR 32,586,000 or 17.35 sen per fully diluted share for the same period a year ago. Net cash from operating activities was MYR 11,801,000 compared with MYR 10,829,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 29,393,000 compared with MYR 9,207,000 for the same period a year ago.

The company provided earnings guidance for the year ending December 31, 2017. Barring any unforeseen and adverse circumstances, the Board believes that the Group will continue to remain profitable for the financial year ending December 31, 2017.