Hexza Corporation Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2013; Provides Earnings Guidance for the Fourth Quarter Ending June 30, 2013
For the nine months, the company reported revenue of MYR 91,963,000 compared to MYR 111,220,000 a year ago. Profit before taxation was MYR 3,526,000 compared to MYR 6,753,000 a year ago. Profit attributable to owners of the company was MYR 2,445,000 or 1.2 sen per basic and diluted ordinary share compared to MYR 4,471,000 or 2.2 sen per basic and diluted ordinary share a year ago. Net cash from operating activities was MYR 9,633,000 compared to MYR 3,645,000 a year ago. Purchase of property, plant and equipment was MYR 1,156,000 compared to MYR 784,000 a year ago.
The board of directors expects the Group to show improvement in its operations for the remaining quarter of the financial year ending June 30, 2013.