trending Market Intelligence /marketintelligence/en/news-insights/trending/WwsWJZYVprQUEV5Qpcx0PA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Goodway Integrated Industries Q1 profit falls YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 3: Transformation of Customer Experience in 2020

Goodway Integrated Industries Q1 profit falls YOY

Goodway Integrated Industries Bhd. said its first-quarter normalized net income was 157,250 ringgits, a decline of 56.9% from 364,880 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 fell to 0.4% from 0.6% in the year-earlier period.

Total revenue fell 25.3% year over year to 43.5 million ringgits from 58.2 million ringgits, and total operating expenses fell 26.0% on an annual basis to 41.9 million ringgits from 56.5 million ringgits.

Reported net income came to a loss of 684,000 ringgits, or a loss of 1 sen per share, compared to a loss of 11,000 ringgits, or a loss of 0 sen per share, in the year-earlier period.

As of May 19, US$1 was equivalent to 3.61 ringgits.