The Board of Directors of Vastalux Energy Berhad is pleased to announce that its wholly owned subsidiary, Vastalux Sdn Bhd ("VSB") has received from PDB a Letter of Award dated 10 October 2008 for the Procurement, Construction and Commissioning "PCC" of Re-activation of Pasir Gudang LPG Filling Plant, Johor amounting to RM32.5 million.

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Quarterly Report For The Fourth Quarter Ended 31 December 2009

Financials Archive
Financial Statement (278 KB)

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Condensed Consolidated Income Statement

Income Statement 2009


Condensed Consolidated Balance Sheet

Balance Sheet 2009

Review of Performance

For the current quarter, the Group recorded a loss before tax of RM47.3 million on the back of RM32.3 million revenue.

The loss before tax for the quarter under review was mainly due to cost overrun, higher project overhead as a result of excess operational capacity and increased in raw material price.