AT Systematization Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Nov. 30, 2015
For the nine months, the company reported net loss attributable to owners of the parent of MYR 1,734,000 or 0.46 sen per diluted share on revenue of MYR 13,977,000 compared to net profit attributable to owners of the parent of MYR 1,213,000 or 0.31 sen per diluted share on revenue of MYR 18,508,000 reported in the same period last year. Loss from operations was MYR 1,384,000 against profit from operations of MYR 1,831,000 reported last year. Loss before taxation was MYR 1,678,000 against profit before taxation of MYR 1,513,000 reported last year. Net cash used in operating activities was MYR 1,040,000 against net cash provided by operating activities of MYR 659,000 reported last year. Purchase of property, plant and equipment was MYR 5,042,000 against MYR 2,179,000 reported last year. The decrease in revenue was mainly attributable to lower customers order in the fabrication business.