Pan Malaysia Corporation Berhad announced resignation of Ng Hock Ping as Joint Secretary, effective March 13, 2013.

Pan Malaysia Corporation Berhad reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenue was MYR 27,170,000 against MYR 26,399,000 a year ago. Profit before taxation was MYR 5,582,000 against MYR 2,813,000 a year ago. Profit for the financial year attributable to equity holders of the company was MYR 5,185,000 against MYR 1,939,000 a year ago. Earnings per basic share attributable to equity holders of the company were 0.73 sen against 0.27 sen a year ago. For the year, the company reported revenue was MYR 85,611,000 against MYR 80,677,000 a year ago. This was mainly due to higher sales of products in the domestic and export market despite global uncertainties. Profit before taxation was MYR 8,685,000 against MYR 3,655,000 a year ago. The pre-tax profit for the current year was mainly due to higher sales and gross profit margin from the food and confectionery segment. Profit for the financial year attributable to equity holders of the company was MYR 7,998,000 against MYR 2,740,000 a year ago. Earnings per basic share attributable to equity holders of the company were 1.13 sen against 0.39 sen a year ago. Net cash generated from operating activities was MYR 5,031,000 against MYR 644,000 a year ago. Purchase of property, plant and equipment was MYR 1,236,000 against MYR 821,000 a year ago. Barring unforeseen circumstances, the group expects improved performance from its food and confectionery segment for the fiscal 2013.

Pan Malaysia Corporation Berhad reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported revenues of MYR 21,804,000 compared to MYR 20,418,000 a year ago. Profit before taxation was MYR 1,932,000 compared to MYR 1,292,000 a year ago. Profit attributable to the equity holders of the company was MYR 1,534,000 compared to MYR 841,000 a year ago. Basic earnings per share attributable to the equity shareholders were 0.22 sen compared to 0.12 sen a year ago. For the nine months, the company reported revenues of MYR 58,441,000 compared to MYR 54,278,000 a year ago. This was mainly due to higher sales of products in the domestic and export market despite global uncertainties. Higher domestic demand was recorded for Crispy and Tango products as a result of more aggressive promotional activities during the current financial period. Profit before taxation was MYR 3,103,000 compared to MYR 842,000 a year ago. The pre-tax profit for the current period was mainly due to higher sales and gross profit margin from the food and confectionery segment. Profit attributable to the equity holders of the company was MYR 2,813,000 compared to MYR 801,000 a year ago. Basic earnings per share attributable to the equity shareholders were 0.40 sen compared to 0.11 sen a year ago. Net cash used in operating activities were MYR 6,408,000 compared MYR 750,000 a year ago. Purchase of property, plant and equipment were MYR 745,000 compared MYR 473,000 a year ago.