NANSHAN AL INTL's major shareholders' share of the profits from joint ventures fell by 61.5% year-on-year last quarter
NANSHAN AL INTL (02610.HK) announced that its major shareholder PRESS METAL reported its unaudited performance for the year ended December 31 last year, in accordance with Malaysian applicable accounting standards. The reported share of profits from joint ventures reflects the contributions of its joint ventures, with the group's contribution accounting for most of those profits. For the fourth quarter ended December 31 last year, the share of profits from joint ventures was approximately 73.6 million Malaysian Ringgit, a year-on-year decrease of 61.5%; the share of profits from joint ventures for the entire year fell 23.8% to 426 million Malaysian Ringgit.
The group's full-year performance is expected to be published by the end of March
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