Sumatec Resources Berhad announced audited consolidated and company earnings results for the year ended December 31, 2017. For the year, on consolidated basis, the company reported revenue of MYR 29,040,549 compared to MYR 46,406,738 a year ago. Operating loss before provision was MYR 8,282,413 compared to profit of MYR 18,038,624 a year ago. Loss before tax was MYR 109,955,712 compared to MYR 53,376,633 a year ago. Loss for the financial year attributable to owners of the company was MYR 113,947,070 or 2.89 sen per basic and diluted share compared to MYR 62,018,222 or 1.65 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 15,332,157 compared to MYR 50,152,506 a year ago. For the year, on company basis, the company reported operating loss before provision of MYR 69,434,166 compared to MYR 54,291,850 a year ago. Loss before tax was MYR 171,107,465 compared to MYR 125,707,107 a year ago. Net loss for the financial year was MYR 171,058,465 or 2.89 sen per basic and diluted share compared to MYR 124,840,639 or 1.65 sen per basic and diluted share a year ago. Net cash used in operating activities was MYR 9,859,282 compared to MYR 46,024,048 a year ago.