trending Market Intelligence /marketintelligence/en/news-insights/trending/62waECJhC0l5flSO9AtqwQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Eng Kah swings to loss in Q2

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection

Eng Kah swings to loss in Q2

Eng Kah Corp. Bhd. said its normalized net income for the second quarter was a loss of 6,880 ringgits, compared with income of 529,380 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 0.1% from 3.7% in the year-earlier period.

Total revenue declined 11.5% year over year to 12.5 million ringgits from 14.2 million ringgits, and total operating expenses declined 9.4% from the prior-year period to 12.4 million ringgits from 13.7 million ringgits.

Reported net income came to a loss of 155,670 ringgits, or a loss of 0 sen per share, compared to income of 687,230 ringgits, or 1 sen per share, in the prior-year period.

As of Aug. 18, US$1 was equivalent to 4.29 ringgits.