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Esthetics International fiscal Q1 profit climbs YOY

Esthetics International Group Bhd. said its normalized net income for the fiscal first quarter ended June 30 came to 1 Malaysian sen per share, a decrease of 7.6% from 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 3.1 million ringgits, a gain from 2.9 million ringgits in the year-earlier period.

The normalized profit margin rose to 8.7% from 8.7% in the year-earlier period.

Total revenue rose year over year to 35.1 million ringgits from 34.0 million ringgits, and total operating expenses increased year over year to 30.4 million ringgits from 29.2 million ringgits.

Reported net income grew from the prior-year period to 3.8 million ringgits, or 2 sen per share, from 3.7 million ringgits, or 2 sen per share.

As of Aug. 25, US$1 was equivalent to 3.16 ringgits.