Amtel Holdings Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended November 30, 2017; Announces Unaudited Consolidated Property, Plant & Equipment Written-Off for the Fourth Quarter Ended November 30, 2017
January 25, 2018
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Amtel Holdings Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended November 30, 2017. For the quarter, the company reported revenue was MYR 9,101,000 against MYR 17,069,000 a year ago. Loss before taxation was MYR 1,583,000 against profit before taxation of MYR 1,871,000 a year ago. Loss for the financial year was MYR 1,424,000 against profit for the financial year of MYR 1,676,000 a year ago. Loss attributable to owners of the company was MYR 1,467,000 against profit attributable to owners of the company of MYR 1,578,000 a year ago. Loss per share attributable to owners of the parent - basic of 2.98 sen against earnings per share attributable to owners of the parent - basic of 3.2 sen a year ago.
For the full year, the company reported revenue was MYR 33,427,000 against MYR 47,417,000 a year ago. Loss before taxation was MYR 3,293,000 against profit before taxation of MYR 1,052,000 a year ago. Loss for the financial year was MYR 3,245,000 against profit for the financial year of MYR 452,000 a year ago. Loss attributable to owners of the company was MYR 3,182,000 against profit attributable to owners of the company of MYR 256,000 a year ago. loss per share attributable to owners of the parent - basic of 6.46 sen against 0.52 sen a year ago. Net cash generated from operating activities was MYR 1,502,000 against net cash used in operating activities of MYR 4,908,000 a year ago. Purchase of property, plant and equipment was MYR 1,082,000 against MYR 578,000 a year ago.
For the quarter, the company's property, plant & equipment written-off of MYR 5,000.
Amtel Holdings Berhad is a Malaysia-based investment holding company. The principal activities of the Company are investment holding, property investment and the provision of management services. The Companyâs segments include information and communication technology; telecommunications, infrastructure, and services; and others. The information and communication technology segment includes research and development of hardware, software applications and its related services, telematics and navigation products, electronics, automotive and telecommunication related products, geographical information systems (GIS) and related products and services. The telecommunications, infrastructure, and services segment includes installation, jointing and testing of utilities, telecommunication and fiber optic cables and associated civil works. The others segment consists of investment holding, property investment and provision of management services.
Amtel Holdings Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended November 30, 2017; Announces Unaudited Consolidated Property, Plant & Equipment Written-Off for the Fourth Quarter Ended November 30, 2017