Oil and gas company Ramunia Holdings Bhd has reported a significantly lower profit before tax of RM4.714 million for the year ended Oct 31, 2011 from RM64.359 million in the previous corresponding period. Revenue for the period decreased to RM18.955 million from RM34.865 million previously, it said in its filing to Bursa.
For the quarter ended Oct 31, 2011, profit reduced to RM112,000 from RM30.365 million previously. Revenue for the current quarter, however, increased to RM15.674 million from RM992,000.
Ramunia said the income in the preceding year included a onetime write-back item. -- Bernama
For the quarter ended Oct 31, 2011, profit reduced to RM112,000 from RM30.365 million previously. Revenue for the current quarter, however, increased to RM15.674 million from RM992,000.
Ramunia said the income in the preceding year included a onetime write-back item. -- Bernama
