Malaysia Aica Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported revenue was MYR 4,699,000 against MYR 5,031,000 a year ago. Profit before taxation was MYR 661,000 against MYR 778,000 a year ago. Profit after taxation attributable to owners of the company was MYR 465,000 against MYR 528,000 a year ago. Basic earnings per share were 0.36 sen against 0.41 sen a year ago. The lower profit is mainly due to lower interest recognized from hire purchase business. For the year to date, the company reported revenue was MYR 13,219,000 against MYR 15,561,000 a year ago. Profit before taxation was MYR 1,917,000 against MYR 2,473,000 a year ago. Profit after taxation attributable to owners of the company was MYR 1,283,000 against MYR 1,823,000 a year ago. Basic earnings per share were 0.98 sen against 1.40 sen a year ago. Net cash from operating activities were MYR 2,639,000 against MYR 6,300,000 a year ago. Purchase of property, plant and equipment was MYR 189,000 against MYR 63,000 a year ago. Net assets per share attributable to ordinary equity holders of the parent was MYR 0.53 as at December 31, 2011 compared to MYR 0.52 as at December 31, 2010. There are positive signs of recovery in the United States and Australia economy. The company expects demand for doors to remain satisfactory. The hire purchase business however is expected to generate consistent income in the fourth quarter of fiscal 2012. The board is of the view that the group's performance in the fourth quarter will remain profitable.