Let's have a look at what MUI IND (3891) has done this decade. What I will do is a simple look at MUI Ind's yearly Q4 earnings report posted at Bursa website.
Date announced: Feb 2000. Quarterly rpt on consolidated results for the financial period ended 31/12/1999
MUI Ind made 42 million for the fiscal year. (Note: Its previous fiscal year, MUI Ind lost 562 million!)
Feb 2001. Quarterly rpt on consolidated results for the financial period ended 31/12/2000
MUI Ind lost 64 million for the fiscal year.
Feb 2002. Quarterly rpt on consolidated results for the financial period ended 31/12/2001
MUI Ind lost 17 million for the fiscal year.
Feb 2003. Quarterly rpt on consolidated results for the financial period ended 31/12/2002
MUI Ind lost a WHOPPING 981 million for the fiscal year!
Feb 2004. Quarterly rpt on consolidated results for the financial period ended 31/12/2003
MUI Ind lost 166 million for the fiscal year.
Feb 2005. Quarterly rpt on consolidated results for the financial period ended 31/12/2004
MUI Ind lost a WHOPPING 409 million for the fiscal year!
Feb 2006 Quarterly rpt on consolidated results for the financial period ended 31/12/2005
MUI Ind lost a WHOPPING 396 million for the fiscal year!
Feb 2007. Quarterly rpt on consolidated results for the financial period ended 31/12/2006
MUI Ind lost a WHOPPING 218 million for the fiscal year!
How?
Amazed?
You reckon MUI Ind should be awarded with a record for its ability to burn so little money since 2000?
Well, if my calculator fails me not, thats about some 2.2 billion ringgit that has been .....
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