MMIS Berhad Reports Unaudited Consolidated Earnings Results for the Six Months and Year Ended June 30, 2020
August 28, 2020 at 08:47 am EDT
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MMIS Berhad reported unaudited consolidated earnings results for the six months and year ended June 30, 2020. For the six months, the company reported revenue of MYR 5,879,464 against MYR 5,755,645 a year ago. Results from operating activities was MYR 1,703,516 against MYR 937,500 a year ago. Profit for the period was MYR 1,301,110 against MYR 861,725 a year ago. Basic earnings per share was 0.26 sen against 34.95 sen a year ago.
For the year, the company reported revenue of MYR 11,693,187 against MYR 13,576,641 a year ago. Results from operating activities was MYR 3,401,634 against MYR 4,736,422 a year ago. Profit for the period was MYR 2,607,544 against MYR 3,492,506 a year ago. Basic earnings per share was 0.53 sen against 141.64 sen a year ago.
MMIS Berhad is a Malaysia-based investment holding company, which is engaged in the manufacturing and sales of precision parts and fabrication of metal and sheet metal. The Company manufactures machining parts, including worktables, bases, frames and rails for manufacturers of semiconductor manufacturing equipment. The Company's solution includes precision machining, structure weldment, sheet metal, mechanical assembly. It offers Computer numerical control (CNC) milling services; sheet metal services, which include laser cutting machine, turret punch machine, bending machine and CNC folding machine, and semiconductor frame assembly, cover assembly and other X-ray related products. The Company's subsidiary, Multi Mould Industries Sdn. Bhd., is engaged in manufacturing and sales of precision parts and fabrication of metal and sheet metal.