Plenitude Bhd reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2012. For the quarter, the company reported revenue of MYR 30.83 million compared to MYR 78.07 million last year. Profit before tax was MYR 14.22 million compared to MYR 31.13 million last year. Profit was MYR 10.20 million compared to MYR 22.39 million last year. Profit attributable to ordinary equity holders of the parent was MYR 10.20 million or 3.80 sen per basic share compared to MYR 22.39 million or 8.30 sen per basic share last year. Net assets per share attributable to ordinary equity holders of the parent were MYR 3.06 as on March 31, 2012. For the nine months, the company reported revenue of MYR 163.64 million compared to MYR 241.96 million last year. Profit before tax was MYR 73.30 million compared to MYR 92.90 million last year. Profit was MYR 53.59 million compared to MYR 67.40 million last year. Profit attributable to ordinary equity holders of the parent was MYR 53.59 million or 19.80 sen per basic share compared to MYR 67.40 million or 25.00 sen per basic share last year. The group's revenue and profit were principally derived from its property development activities carried out at Taman Desa Tebrau in Johor, Taman Putra Prima in Selangor, Bayu Ferringhi in Penang and Bandar Perdana & Lot 88 in Kedah. The lower revenue was mainly due to no further revenue to be recognised arising from the completion of Bayu Ferringhi Condominium in Penang and Phase 14 Double Storey Terrace Houses in Taman Desa Tebrau, Johor Bahru, in the first half of financial year 2012. Based on the group's commitment to the timely completion of the on-going projects, the Board of Directors is fairly optimistic that the group would be able to continue to achieve satisfactory results for the financial year ending June 30, 2012.