Translate This Page

Friday, February 25, 2011

AZRB posts Q4 pre-tax loss of RM82m (BT)

Ahmad Zaki Resources Bhd (AZRB), severely affected by the termination of its construction contract for the Alfaisal University in Saudi Arabia, registered a pre-tax loss of RM82.207 million for the fourth quarter ended Dec 31, 2010.

It was a reversal compared to the pre-tax profit of RM7.981 million in the corresponding quarter of the previous financial year. Its revenue shrank to RM52.623 million from RM105.558 million.

For the full year, it posted a pre-tax loss of RM48.757 million against a pre-tax profit of RM32.429 million in the previous year.

No comments: