Inch Kenneth Kajang Rubber Public Limited Company reported unaudited consolidated earnings results for the third quarter and year to date ended September 30, 2015. For the quarter, the company reported group revenue of MYR 3.163 million against MYR 5.734 million a year ago. Operating loss was MYR 1.294 million against operating profit of MYR 2.154 million a year ago. Profit before tax was MYR 1.420 million against MYR 2.893 million a year ago. Net profit was MYR 1.239 million against MYR 2.580 million a year ago. Basic and diluted earnings per share was 0.30 sen against 0.63 sen a year ago. The decrease in group's turnover by MYR 12.947 million is mainly due to the lower sales on CV (constant viscosity) rubber blocks produced by the subsidiary in Thailand and lower room booking by Travel Agent and Online Travel Agent from tourism division during the financial period under review. The loss incurred during the current quarter under review was partly due to the reduction in revenue
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.