AT Systematization Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended November 30, 2016. For the quarter, the company reported revenue of MYR 4,066,000 compared to MYR 5,191,000 a year ago. The decrease was mainly due to lower sales from the fabrication business. Profit from operations was MYR 429,000 compared to loss from operations of MYR 228,000 a year ago. Profit before tax was MYR 270,000 compared to loss before tax of MYR 343,000 a year ago. This was mainly attributable to fair value adjustment of MYR 1.95 million on share options granted under Share Issuance Scheme. Excluding this fair value adjustment, the group was experiencing weaker performance in both fabrication and automation business, offset with better contribution from renewable energy and property business. Profit attributable to owners of the parent was MYR 344,000 or 0.06 sen per basic share compared to loss attributable to owners of the parent of MYR 336,000 or 0.08 sen per basic share a year ago. For the nine months, the company reported revenue of MYR 11,970,000 compared to MYR 13,977,000 a year ago. The decrease in revenue was mainly due to lower customers' order in both fabrication and automation business, offset with higher revenue from sale of renewable solar energy. Loss from operations was MYR 5,570,000 compared to MYR 1,384,000 a year ago. Loss before tax was MYR 6,054,000 compared to MYR 1,678,000 a year ago. The increase in pre-tax loss was mainly due to weaker performance in fabrication and automation business, coupled with manufacturing and operating costs incurred for starting the production line of fabricating textile industry parts as well as recognition of MYR 1.51 million fair value expense in respect of the share options granted under SIS. Loss attributable to owners of the parent was MYR 5,925,000 or 1.21 sen per basic share compared to loss attributable to owners of the parent of MYR 1,734,000 or 0.46 sen per basic share a year ago. Net cash used in operating activities was MYR 2,883,000 compared to MYR 1,038,000 a year ago. Purchase of property, plant and equipment was MYR 6,880,000 compared to MYR 5,042,000 a year ago.