Heitech Padu Bhd reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported revenue of MYR 106,967,000 compared to MYR 148,824,000 a year ago. Profit from operations was MYR 8,980,000 compared to MYR 11,522,000 a year ago. Profit before taxation was MYR 8,434,000 compared to MYR 10,165,000 a year ago. Profit for the period was MYR 4,932,000 compared to MYR 5,594,000 a year ago. Profit attributable to equity holders of the parent was MYR 4,947,000 or MYR 4.89 per share compared to MYR 4,845,000 or MYR 4.82 per share a year ago. For the year, the company reported revenue of MYR 352,430,000 compared to MYR 433,910,000 a year ago. Profit from operations was MYR 14,454,000 compared to MYR 22,987,000 a year ago. Profit before taxation was MYR 10,533,000 compared to MYR 17,203,000 a year ago. Profit for the period was MYR 6,013,000 compared to MYR 10,341,000 a year ago. Profit attributable to equity holders of the parent was MYR 3,777,000 or MYR 3.73 per share compared to MYR 8,892,000 or MYR 8.85 per share a year ago. Net cash used in operating activities was MYR 42,471,000 compared to MYR 27,797,000 a year ago. Purchase of property, plant and equipment was MYR 9,371,000 compared to MYR 4,831,000 a year ago. Additions to intangible assets were MYR 92,000. The decrease in revenue was mainly due to decrease in trading of hardware and software from the system integration business and network revenue. The decrease in profit before taxation was mainly due to decrease in trading of hardware and software from the system integration business and network profit. The group is cautiously optimistic that it remains profitable for the financial year 2012 due to contribution from recurring revenue from maintenance services for existing customers and opportunities in Middle East.