trending Market Intelligence /marketintelligence/en/news-insights/trending/9lNZTO607wEatzng2IYD2g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Sapura Industrial fiscal Q2 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Sapura Industrial fiscal Q2 profit falls YOY

Sapura Industrial Berhad said its normalized net income for the fiscal second quarter ended July 31 came to 114,880 ringgits, a decline of 96.3% from 3.1 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 fell to 0.2% from 4.8% in the year-earlier period.

Total revenue fell 26.1% on an annual basis to 48.3 million ringgits from 65.4 million ringgits, and total operating expenses decreased 21.0% from the prior-year period to 48.1 million ringgits from 60.9 million ringgits.

Reported net income fell 97.7% from the prior-year period to 87,330 ringgits, or 0 sen per share, from 3.8 million ringgits, or 5 sen per share.

As of Sept. 17, US$1 was equivalent to 4.23 ringgits.