Malaysia’s Stone Master sees fiscal Q4 2015 revenue drop to US$4.08mn

Malaysia-based Stone Master recorded a fiscal Q4 2015 year-on-year decline in revenue from MYR 19.63 million (US$4.6 million) to MYR 17.41 million ($4.08 million). The company’s net loss within the same period improved slightly from MYR 2.16 million ($506,550) to MYR 2.15 million ($504,205). For the full fiscal year, the company recorded a year-on-year revenue decline from MYR 80.9 million ($18.97 million) to MYR 76.39 million ($17.91 million), while its net loss grew from MYR 3.26 million ($764,515) to MYR
December 1, 2015 Read time: 1 min

Malaysia-based Stone Master recorded a fiscal Q4 2015 year-on-year decline in revenue from MYR 19.63 million (US$4.6 million) to MYR 17.41 million ($4.08 million). The company’s net loss within the same period improved slightly from MYR 2.16 million ($506,550) to MYR 2.15 million ($504,205). For the full fiscal year, the company recorded a year-on-year revenue decline from MYR 80.9 million ($18.97 million) to MYR 76.39 million ($17.91 million), while its net loss grew from MYR 3.26 million ($764,515) to MYR 8.51 million ($1.99 million).

Stone Master is primarily engaged in the manufacturing and trading of marble and granite products, ceramic tiles, sanitary wares and contract works within the property development sector in Malaysia.

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