trending Market Intelligence /marketintelligence/en/news-insights/trending/1je77ZLrljqN1OLTbyfsTQ2 content esgSubNav
In This List

Edaran swings to loss in fiscal Q3


HDFC Securities Investment Research Now Available through S&P Capital IQ Pro


MediaTalk | Season 2
Ep.2 Back to the Box Office


The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Edaran swings to loss in fiscal Q3

Edaran Berhad said its normalized net income for the fiscal third quarter ended March 31 amounted to a loss of 1 Malaysian sen per share, compared with 2 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 833,000 ringgits, compared with income of 867,500 ringgits in the year-earlier period.

The normalized profit margin dropped to negative 10.1% from 5.0% in the year-earlier period.

Total revenue declined 52.1% on an annual basis to 8.3 million ringgits from 17.3 million ringgits, and total operating expenses fell 38.6% from the prior-year period to 9.6 million ringgits from 15.6 million ringgits.

Reported net income totaled a loss of 1.5 million ringgits, or a loss of 3 sen per share, compared to income of 1.5 million ringgits, or 3 sen per share, in the year-earlier period.

As of May 25, US$1 was equivalent to 4.10 ringgits.