Karambunai Corp. Bhd reported unaudited consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue of MYR 13,648,000 compared to MYR 17,110,000 a year ago. Profit from operations was MYR 692,000 compared to MYR 3,039,000 a year ago. Profit before tax was MYR 689,000 compared to MYR 3,034,000 a year ago. Profit for the period attributable to owners of the parent was MYR 977,000 compared to MYR 3,016,000 a year ago. Basic and diluted earnings per share were 0.02 sen compared to 0.05 sen a year ago. Net cash used in operating activities was MYR 2,960,000 compared to net cash generated from operating activities of MYR 7,948,000 a year ago. Purchase of property, plant and equipment was MYR 97,000 compared to MYR 395,000 a year ago. Revenue was declined by 20.2% from the same period a year ago, attributed largely to the 20.1 % drop in Leisure and Tourism segment revenue. The change in profit before taxation from the same period a year earlier, attributed mostly to the decline in Leisure and Tourism segment profitability offset by an increase in profit contribution from the Property Development and Construction segment.