Bright Packaging Industry Bhd announced unaudited consolidated earnings results for the first quarter ended November 30, 2015. For the quarter, the company reported revenue of MYR 14,399,000 compared to MYR 11,091,000 a year ago. Loss from operations was MYR 405 million compared to profit of MYR 1,964,000 a year ago.

Loss before tax was MYR 180,000 compared to profit of MYR 2,171,000 a year ago. Loss attributable to owners of the parent was MYR 192,000 or 0.09 sen per diluted share compared to profit of MYR 2,142,000 or 0.96 sen per diluted share a year ago. Net assets per share were 72.93 sen per share compared to 73.06 sen per share a year ago.

Net cash used in operating activities was MYR 2,260,000 compared to net cash generated from operating activities of MYR 2,499,000 a year ago. Purchase of property, plant and equipment was MYR 12,000 compared to MYR 1,377,000 a year ago.