SWS Capital Berhad reported unaudited consolidated earnings results for the first quarter ended November 30, 2013. For the quarter, the company reported revenue of MYR 32,586,247 against MYR 26,191,664 a year ago. Profit before taxation was MYR 2,085,112 against MYR 681,573 a year ago.

Profit attributable to owners of the parent was MYR 1,441,903 against MYR 548,670 a year ago. Net cash flows from operating activities were MYR 1,855,112 against MYR 681,573 a year ago. Fully diluted earnings per share were 1.14 sen against 0.43 sen a year ago.

Net cash flows from operating activates was MYR 2,658,230 against MYR 4,602,604 a year ago. Purchase of property plant and equipment was MYR 331,743 against MYR 275,561 a year ago. The increase of the revenue was mainly due to the increase of demand of leather upholstery sofa and dining sets from overseas whereby the revenue of leather upholstery sofa has increased 41.8% from MYR 13.4 million first quarter of 2013 to MYR 19.0 million first quarter of 2014.

The increase of profit for this quarter was mainly due to the change in business strategy which implemented by the management.