Nylex Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2017; Provides Earnings Guidance for the Year Ending May 31, 2018
For the six months, the company reported revenue was MYR 677,001,000 against MYR 587,512,000 a year ago. Profit before taxation was MYR 14,671,000 against MYR 13,688,000 a year ago. Net profit for the period was MYR 9,249,000 against MYR 7,545,000 a year ago. Net profit attributable to owners of the parent was MYR 8,658,000 against MYR 6,575,000 a year ago. Earnings per share attributable to owners of the parent - basic of 4.51 sen against 3.42 sen a year ago. Net cash generated from operating activities was MYR 26,836,000 against MYR 24,485,000 a year ago. Purchase of property, plant and equipment was MYR 821,000 against MYR 26,600,000 a year ago.
The Board will continue its effort to improve the Group's profitability for the remaining period of the financial year ending May 31, 2018.