Inch Kenneth Kajang Rubber Public Limited Company Reports Unaudited Consolidated Earnings Results for the Third Quarter and Year to Date Ended September 30, 2015; Provides Earnings Guidance for the Year 2015
derived from the plantation and tourism division.
For the year to date, the company reported group revenue was MYR 9.447 million against MYR 22.394 million a year ago. Operating loss was MYR 7.793 million against MYR 2.747 million a year ago. Loss before tax was MYR 1.339 million against MYR 1.631 million a year ago. Net loss was MYR 1.565 million against MYR 2.046 million a year ago. Basic and diluted loss per share was 0.39 sen against 0.50 sen a year ago. Net cash used in operating activities was MYR 8.292 million against MYR 2.499 million a year ago. Payments to acquire intangible assets was MYR 0.028 million. Payment to acquire property, plant and equipment was MYR 1.298 million against MYR 1.612 million a year ago.
The company looks forward to a higher share of profit from the company's associate company CEPCO, and the company expects that the tourism and manufacturing sector will at least be at a break even level. The Board therefore anticipates a better performance by the group for the year 2015.