trending Market Intelligence /marketintelligence/en/news-insights/trending/_m-dmBNwo4i7Dr5vPaFrNw2 content esgSubNav
In This List

Bld Plantation Q1 profit falls YOY


Volume of Investment Research Reports on Inflation Increased in Q4 2021


Next in Tech | Episode 48: The everything that is Industrial IoT


TCFD Reporting in Singapore


Plant upgrades and extensions drive 2025 cable capex forecast

Bld Plantation Q1 profit falls YOY

BLD Plantation Bhd. said its normalized net income for the first quarter was 764,880 ringgits, a decrease of 83.0% from 4.5 million ringgits in the prior-year period.

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

The normalized profit margin dropped to 0.3% from 1.2% in the year-earlier period.

Total revenue declined 17.5% on an annual basis to 303.7 million ringgits from 367.9 million ringgits, and total operating expenses fell 16.0% from the prior-year period to 300.0 million ringgits from 357.3 million ringgits.

Reported net income declined 97.2% year over year to 143,000 ringgits, or 0 sen per share, from 5.1 million ringgits, or 6 sen per share.

As of May 28, US$1 was equivalent to 3.65 ringgits.