Pensonic Holdings Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2018
January 24, 2019 at 01:13 pm IST
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Pensonic Holdings Berhad announced unaudited consolidated earnings results for the second quarter and six months ended November 30, 2018. For the quarter, the company reported revenue of MYR 76,975,000 compared to MYR 74,998,000 a year ago. Loss from operating activities was MYR 103,000 compared to profit of MYR 1,352,000 a year ago. Operating loss was MYR 1,198,000 compared to profit of MYR 337,000 a year ago. Loss attributable to shareholders of the company was MYR 1,545,000 against profit of MYR 118,000 a year ago. Basic loss per ordinary share was 1.19 sen compared to earnings per share of 0.09 sen per a year ago. Diluted loss per ordinary share was 1.32 sen compared to earnings per share 0.09 sen a year ago.
For the six months, the company reported revenue of MYR 170,042,000 compared to MYR 162,657,000 a year ago. Results from operating activities were MYR 3,440,000 compared to MYR 4,668,000 a year ago. Operating profit was MYR 1,328,000 compared to MYR 2,479,000 a year ago. Profit for the period was MYR 2,234,000 compared to MYR 1,958,000 a year ago. Profit attributable to shareholders of the company was MYR 210,000 against MYR 2,258,000 a year ago. Basic earnings per ordinary share were 0.16 sen compared to 1.74 sen per a year ago. Diluted earnings per ordinary share were 0.17 sen compared to 1.70 sen a year ago.
Pensonic Holdings Berhad is an investment holding company. Its segments include Manufacturing, Trading and Others. The Manufacturing segment is engaged in the manufacture, assembly, and sales of electrical and electronic appliances. Its Trading segment is engaged in the sale and distribution of electrical and electronic appliances. The Others segment is engaged in the investment holding and provision of management services. Its products include kitchen appliances, such as ovens, cookers, blenders, and water filters; home comfort, such as air conditioner, air cooler and air purifier; audio and visual, such as liquid crystal display and light emitting diode (LED) televisions; laundry, such as iron/steam iron and washer; lighting, such as multipurpose light, and refrigerator, such as freezer. Its products also include hair dryers, air fryers, food steamers, bread makers, mixers, and others. Its subsidiaries include Pensonic Industries Sdn. Bhd. and Pensonic (H.K.) Corporation Limited.