YTL Land & Development Bhd announced unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2018. For the quarter, the company reported revenue of MYR 116,042,000 against MYR 83,631,000 a year ago. Loss from operations was MYR 35,352,000 against MYR 27,216,000 a year ago. Loss before taxation was MYR 58,806,000 against MYR 30,550,000 a year ago. Loss attributable to owners of the parent was MYR 81,130,000 or 5.97 sen per basic and diluted shares against MYR 33,117,000 or 2.34 sen per basic and diluted shares a year ago.

For the full year, the company reported revenue of MYR 330,125,000 against MYR 367,916,000 a year ago. Profit from operations was MYR 58,996,000 against MYR 48,117,000 a year ago. Loss before taxation was MYR 19,934,000 against profit of MYR 32,758,000 a year ago. Loss attributable to owners of the parent was MYR 74,089,000 or 5.02 sen per basic and diluted shares against profit of MYR 5,144,000 or 1.01 sen per basic and diluted shares a year ago. Net cash from operating activities was MYR 81,724,000 against net cash used in operating activities of MYR 16,629,000 a year ago. Purchase of property, plant and equipment was MYR 26,000 against MYR 46,000 a year ago. Net assets per share was MYR 0.94 compared to MYR 1.03 a year ago.

For the quarter, the company reported impairment loss on land held for property development was MYR 6,248,000.