Multi-Usage Holdings Bhd reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported revenue of MYR 4,482,000 compared to MYR 2,415,000 for the same period a year ago. Profit from operations was MYR 504,000 compared to loss from operations of MYR 1,567,000 for the same period a year ago. Profit before tax was MYR 351,000 compared to loss before tax of MYR 3,170,000 for the same period a year ago. Total comprehensive profit attributable to owners of the company was MYR 513,000 or 0.97 sen per basic share compared to total comprehensive loss attributable to owners of the company of MYR 3,077,000 or 5.83 sen per basic share for the same period a year ago. The improved profitability is mainly due to higher finance cost and bad debt written off in corresponding quarter of preceding year. For the year, the company reported revenue of MYR 15,240,000 compared to MYR 11,099,000 a year ago. Profit from operations was MYR 4,560,000 compared to MYR 8,996,000 a year ago. Profit before tax was MYR 2,485,000 compared to MYR 6,677,000 a year ago. Total comprehensive income attributable to owners of the company was MYR 2,346,000 or 4.45 sen per basic share compared to MYR 6,642,000 or 12.60 sen per basic share a year ago. Net cash generated from operating activities was MYR 4,359,000 compared to MYR 5,140,000 a year ago. Purchase of property, plant and equipment was MYR 155,000 compared to MYR 25,000 a year ago. The improvement in current quarter and year to date revenue is mainly contributed by better performance from all segments. The strong increase in revenue of property segment is due to better sales of completed units and steady construction progress for Semi Detached Double Storey House. For manufacturing segment, the marginal increase in revenue is due to better sales for allan block. Trading segment is also registering strong growth mainly due to higher sales of building materials. The decline in profitability is mainly due to net gain arising on loan creditor carried at fair value and waiver of interest but partly set off by higher bad debt written off record in the preceding year. Barring any unforeseen circumstances, the Board is cautiously optimistic that the Group's overall operations and financial results will be satisfactory.