Integrated Rubber Corporation Bhd announced the appointment of Koong Chin Fun as Chief Financial Officer with effective from May 9, 2013. From October 2011 to present he is Finance Manager of Integrated Rubber Corporation Berhad.

Integrated Rubber Corporation Bhd reported unaudited earnings results for the fourth quarter and year ended Jan. 31, 2013. For the quarter, the company reported revenue was MYR 30,358,000 against MYR 30,814,000 a year ago. Loss before tax was MYR 20,692,000 against MYR 3,449,000 a year ago. Loss attributable to ordinary equity holders of the parent was MYR 20,685,000 against MYR 3,449,000 a year ago. Diluted loss per share was 3.49 per share against 0.58 per share a year ago. For the year, the company reported revenue was MYR 125,409,000 against MYR 117,806,000 a year ago. Loss before tax was MYR 38,716,000 against MYR 21,410,000 a year ago. Loss attributable to ordinary equity holders of the parent was MYR 38,684,000 against MYR 21,369,000 a year ago. Diluted loss per share was 6.53 per share against 3.61 per share a year ago. Net cash generated from operating activities was MYR 15,118,000 against net cash used in operating activities of MYR 17,509,000 a year ago. Purchase of property, plant and equipment was MYR 1,497,000 against MYR 8,779,000 a year ago.

Integrated Rubber Corporation Bhd announced Redesignation of Lim Boon Huat as director to Independent & Non Executive chairman effective March 28, 2013.