trending Market Intelligence /marketintelligence/en/news-insights/trending/5eyXXFvo3eDK37MFbDg4ag2 content esgSubNav
In This List

Golden Land fiscal Q3 profit falls YOY

Blog

TCFD Reporting in Singapore

Blog

Plant upgrades and extensions drive 2025 cable capex forecast

Podcast

Next in Tech | Episode 47: Transformation is transforming technology services

Podcast

Next in Tech | Episode 46: Payments evolution in digital


Golden Land fiscal Q3 profit falls YOY

Golden Land Bhd. said its normalized net income for the fiscal third quarter ended March 31 came to 96,000 ringgits, a fall of 97.5% from 3.9 million ringgits in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 4.7% from 8.6% in the year-earlier period.

Total revenue fell 23.1% on an annual basis to 34.5 million ringgits from 44.9 million ringgits, and total operating expenses decreased 13.5% on an annual basis to 32.0 million ringgits from 37.0 million ringgits.

Reported net income came to a loss of 990,000 ringgits, or a loss of 0 sen per share, compared to income of 4.3 million ringgits, or 2 sen per share, in the year-earlier period.

As of May 26, US$1 was equivalent to 3.64 ringgits.