Federal Furniture Holdings M Bhd reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported revenue of MYR 23,291,000 against MYR 13,405,000 a year ago. Profit from operations after interest on borrowings, depreciation was MYR 1,184,000 against MYR 1,327,000 a year ago. Profit before taxation was MYR 1,184,000 against MYR 1,327,000 a year ago. Pre-tax profit for the quarter felled by 52% from MYR 2.3 million in the preceding quarter due to price readjustment to construction materials supplied that were applied retrospectively for the year. This had an adverse effect on the margin for the current quarter. Profit for the period attributable to owners of the parent was MYR 939,000 or 0.82 sen per diluted share against MYR 1,467,000 or 1.28 sen per diluted share a year ago. For the year, the company reported revenue of MYR 79,210,000 against MYR 42,509,000 a year ago. Profit from operations after interest on borrowings, depreciation was MYR 4,912,000 against MYR 2,400,000 a year ago. Profit before taxation was MYR 4,912,000 against MYR 2,400,000 a year ago. Profit for the period attributable to owners of the parent was MYR 4,250,000 or 3.72 sen per diluted share against MYR 2,283,000 or 2.00 sen per diluted share a year ago. Net assets per share as at December 31, 2012 were MYR 0.3247 against MYR 0.2690 a year ago. Net cash generated from operating activities was MYR 2,152,669,000 against MYR 1,697,218,000 a year ago. Purchase of property, plant and equipment was MYR 2,315,296,000 against MYR 960,312,000 a year ago. For the fourth quarter of 2012, the company reported impairment of assets of MYR 6,000. The company also provided earnings guidance for the full year of 2013. The Board is reasonably confident that barring unforeseen circumstances, the group will be able to improve on the 2012 financial results in 2013.

Federal Furniture Holdings M Bhd reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company's revenue was MYR 21.4 million compared with MYR 13.3 million a year ago. Profit from operations before interest on borrowings, depreciation and amortization, income tax and minority interest was MYR 2.7 million compared with MYR 2.0 million a year ago. Profit from operations after interest on borrowings, depreciation and amortization was MYR 2.3 million compared with MYR 1.7 million a year ago. Profit before taxation was MYR 2.3 million compared with MYR 1.7 million a year ago. The increase was due to the higher revenue. Profit for the period was MYR 2.2 million compared with MYR 1.4 million a year ago. Profit for the period attributable to owners of the parent was MYR 2.1 million or 1.81 sen per diluted share compared with MYR 1.4 million or 1.26 sen per diluted share a year ago. As on September 30, 2012, the company's net assets per share was MYR 0.3124. For the nine months, the company's revenue was MYR 55.9 million compared with MYR 29.1 million a year ago. Profit from operations before interest on borrowings, depreciation and amortization, income tax and minority interest was MYR 5.0 million compared with MYR 1.96 million a year ago. Profit from operations after interest on borrowings, depreciation and amortization was MYR 3.7 million compared with MYR 1.1 million a year ago. Profit before taxation was MYR 3.7 million compared with MYR 1.1 million a year ago. Profit for the period was MYR 3.4 million compared with MYR 0.8 million a year ago. Profit for the period attributable to owners of the parent was MYR 3.3 million or 2.90 sen per diluted share compared with MYR 0.82 million or 0.71 sen per diluted share a year ago. Net cash generated from operating activities was MYR 1.1 million. Purchase of property, plant and equipment was MYR 1.99 million.

Federal Furniture Holdings M Bhd announced unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported revenue of MYR 23,125,000 against MYR 6,723,000 a year ago. Profit before tax was MYR 973,000 against loss before tax of MYR 820,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 768,000 or MYR 0.93 basic per share against loss attributable to ordinary equity holders of the parent of MYR 817,000 or MYR 0.99 basic per share a year ago. Group turnover for jumped by 244% for the same quarter last year as all operating divisions reported improvements. Group pre-tax profit increased as compared to last year due to the more than two fold increase in group revenue. For the six months, the company reported revenue of MYR 34,559,000 against MYR 15,788,000 a year ago. Profit before tax was MYR 1,454,000 against loss before tax of MYR 627,000 a year ago. Profit attributable to ordinary equity holders of the parent was MYR 1,246,000 or MYR 1.51 basic per share against loss attributable to ordinary equity holders of the parent of MYR 628,000 or MYR 0.76 basic per share a year ago. Net assets per share attributable to ordinary equity holders of the parent were MYR 0.2863 against MYR 0.2334 a year ago. YTD operating loss was due to the much lower margin yield.