Atlan Holdings Bhd Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 30, 2017; Reports Property, Plant and Equipment Written Off for the Third Quarter Ended November 30, 2017
For the nine months, the company reported revenue of MYR 602,731,000 against MYR 613,017,000 a year ago. Operating profit was MYR 68,786,000 against MYR 91,780,000 a year ago. Profit before taxation was MYR 53,240,000 against MYR 74,645,000 a year ago. Profit for the period was MYR 35,256,000 against MYR 57,464,000 a year ago. Profit attributable to equity holders of the parent was MYR 22,680,000 or 8.94 sen per basic share against MYR 41,944,000 or 16.54 sen per basic share a year ago. Net cash flows generated from operating activities was MYR 65,798,000 against MYR 91,994,000 a year ago. Acquisition of assets was MYR 7,109,000 against MYR 11,712,000 a year ago.
For the third quarter ended November 30, 2017, the company reported property, plant and equipment written off of MYR 5,000 compared to MYR 24,000 a year ago.