trending Market Intelligence /marketintelligence/en/news-insights/trending/5jNAqp4ZpejAMPkKpv2ZlA2 content esgSubNav
In This List

Borneo Oil fiscal Q1 loss widens YOY

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

SVOD players open to hybrid models; Netflix and Disney to add ad-supported plans

Blog

Does Disney+ Hotstar minus IPL equal trouble for the streaming giant?

Blog

Broadband revenues continue to grow in CEE


Borneo Oil fiscal Q1 loss widens YOY

Borneo Oil Bhd. said its normalized net income for the fiscal first quarter ended April 30 amounted to a loss of 997,500 ringgits, compared with a loss of 321,880 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 declined to negative 12.4% from negative 3.2% in the year-earlier period.

Total revenue rose on an annual basis to 10.2 million ringgits from 10.0 million ringgits, and total operating expenses increased 11.5% from the prior-year period to 11.6 million ringgits from 10.4 million ringgits.

Reported net income totaled a loss of 1.6 million ringgits, or a loss of 0 sen per share, compared to a loss of 580,000 ringgits, or a loss of 0 sen per share, in the year-earlier period.

As of June 30, US$1 was equivalent to 3.21 ringgits.