Ya Horng Electronic M Bhd reported unaudited consolidated earnings results for the fourth quarter and full year ended January 31, 2013. For the quarter, the company’s revenue was MYR 21,899,000 against MYR 27,423,000 a year ago. Loss before tax was MYR 2,626,000 against MYR 1,659,000 a year ago. Loss for the period was MYR 2,636,000 or MYR 5.68 per basic and diluted share against MYR 1,740,000 or MYR 3.75 per basic and diluted share a year ago. Lower revenue was mainly due to the decrease in consumer's demand particularly in respect of mixer & digital signal processor and turntable products in the current quarter. For the full year, the company’s revenue was MYR 124,546,000 against MYR 126,133,000 a year ago. Profit before tax was MYR 571,000 against loss before tax of MYR 1,460,000 a year ago. Profit for the period was MYR 146,000 or MYR 0.31 per basic and diluted share against loss for the period of MYR 1,568,000 or MYR 3.38 per basic and diluted share a year ago. Net cash used in operating activities was MYR 1,168,000 against net cash from operating activities of MYR 6,770,000 a year ago. Purchase of property, plant and equipment was MYR 4,366,000 against MYR 1,429,000 a year ago.

Ya Horng Electronic M Bhd reported unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2012. For the quarter, the company reported revenue of MYR 29,050,000 against MYR 39,246,000 a year ago. Lower revenue was mainly due to the decrease in consumer's demand particularly in respect of cd player and turntable products in the current quarter. Loss before tax was MYR 10,000 against profit before tax of MYR 1,683,000 a year ago. The loss before taxation was mainly due to the lower sales in the current quarter. Loss for the financial period was MYR 63,000 against profit for the financial period of MYR 1,568,000 a year ago. Loss per basic and diluted was 0.14 sen against earnings per basic and diluted share of 3.38 sen a year ago. For the nine months, the company reported revenue of MYR 102,647,000 against MYR 98,710,000 a year ago. Profit before tax was MYR 3,197,000 against MYR 199,000 a year ago. Loss for the financial period was MYR 2,782,000 against MYR 172,000 a year ago. Earnings per basic and diluted share were 5.99 sen against 0.37 sen a year ago. Net cash used in operating activities was MYR 3,268,000 against MYR 5,521,000 a year ago. Purchase of property, plant and equipment was MYR 2,872,000 against MYR 936,000 a year ago. Given the continued uncertainties in the current global economy, and the weak demand of consumer audio products, and with the escalating raw material price, the group is expected to incur a loss for the fourth quarter of the financial year ending January 31, 2013. Hence the accumulated profit to be carried forward will be much reduced.

Ya Horng Electronic M Bhd announced resignation of How Wee Ling as Joint Secretary of the company with effect from November 20, 2012.