Gadang Holdings Berhad announced unaudited consolidated earnings results for the second quarter and six months ended November 30, 2012. For the quarter, the company reported revenue of MYR 124,013,000, profit before tax of MYR 17,698,000, profit attributable to equity holders of the company of MYR 12,244,000 or 6.22 sen per basic share compared to revenue of MYR 37,471,000, profit before tax of MYR 2,563,000, profit attributable to equity holders of the company of MYR 1,112,000 or 0.57 sen per basic share for the same period last year.

For the six months, the company reported revenue of MYR 171,281,000, profit before tax of MYR 21,406,000, profit attributable to equity holders of the company of MYR 14,771,000 or 7.51 sen per basic share compared to revenue of MYR 108,802,000, profit before tax of MYR 7,179,000, profit attributable to equity holders of the company of MYR 4,303,000 or 2.19 sen per basic share for the same period last year. Net cash flow generated from operating activities was MYR 104,275,000 against MYR 48,088,000 a year ago. Purchase of property, plant & equipment was MYR 3,054,000 against MYR 2,830,000 a year ago. Net assets per share attributable to ordinary equity holders of the company as on November 30, 2012 was MYR 1.33 compared to MYR 1.27 as on May 31, 2012. The increase in revenue was a result of higher contributions from construction and property activities.