SEG International Bhd reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of MYR 55,825,000 against MYR 77,819,000 for the same period in the last year. Profit before tax was MYR 1,217,000 against MYR 26,941,000 for the same period in the last year. Profit attributable to ordinary equity holders of the parent was MYR 992,000 or 0.15 sen per basic share and 0.14 sen per fully diluted share against MYR 21,897,000 or 4.11 sen per basic share and 3.27 sen per fully diluted share for the same period in the last year. Net cash used in operating activities was MYR 1,840,000 against net cash from operating activities of MYR 9,676,000 for the same period in the last year. Purchase of property, plant and equipment was MYR 3,966,000 against MYR 1,633,000 for the same period in the last year. The decline in profits as compared to the previous financial year corresponding period is mainly attributed to the high number of graduating students and higher manpower costs of the group flagship campus following the upgrade to full university status.

SEG International Bhd announced interim single tier dividend of 5.0 sen per ordinary share of MYR 0.25 each share for the year ended December 31, 2013, payable on April 25, 2013. Ex-date is April 3, 2013 and entitlement date is April 5, 2013.

SEG International Bhd reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenues of MYR 52,661,000 compared with MYR 70,635,000 for the same period last year. Loss before tax was MYR 2,769,000 compared with profit before tax of MYR 19,847,000 for the same period last year. Profit attributable to ordinary equity holders of the parent was MYR 2,535,000 or 0.36 sen diluted per share compared with MYR 17,739,000 or 2.68 sen diluted per share for the same period last year. For the full year, the company reported revenues of MYR 284,925,000 compared with MYR 278,293,000 for the same period last year. Profit before tax was MYR 68,383,000 compared with MYR 88,218,000 for the same period last year. Profit attributable to ordinary equity holders of the parent was MYR 60,343,000 or 9.07 sen diluted per share compared with MYR 72,314,000 or 11.16 sen diluted per share for the same period last year. Net cash from operating activities was MYR 50,315,000 compared with MYR 69,098,000 for the same period last year. Purchase of property, plant and equipment was MYR 72,335,000 compared with MYR 13,369,000 for the same period last year. The decline in profits as compared to the previous financial year is mainly attributed to the high number of graduating students in the 2nd half of the year. The Group has launched a number of new initiatives in 2013 to further improve all areas of the Group, including upgrading of facilities, academic quality and new programme development. These initiatives are expected to strengthen the SEGi brand and improve the income stream of the Group for 2012 and 2013.