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.
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.
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