What about MUI Ind?

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 .....