Yee Lee Corporation Bhd announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenues of MYR 247,913,000 compared with MYR 197,807,000 for the same period a year ago. Profit before tax was MYR 13,488,000 compared with MYR 9,971,000 for the same period a year ago. Profit attributable to owners of the company was MYR 10,916,000 or 5.81 sen per fully diluted share compared with MYR 8,532,000 or 4.66 sen per fully diluted share for the same period a year ago.

For the nine months, the company reported revenues of MYR 765,342,000 compared with MYR 561,141,000 for the same period a year ago. Profit before tax was MYR 41,977,000 compared with MYR 26,885,000 for the same period a year ago. Profit attributable to owners of the company was MYR 32,586,000 or 17.35 sen per fully diluted share compared with MYR 21,013,000 or 11.48 sen per fully diluted share for the same period a year ago. Net cash from operating activities was MYR 10,829,000 compared with MYR 22,884,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 9,207,000 compared with MYR 7,140,000 for the same period a year ago.

The company provided earnings guidance for the full year of 2016. Barring any unforeseen and adverse circumstances, the Board believes that the Group will continue to remain profitable for the financial year ending December 31, 2016.