trending Market Intelligence /marketintelligence/en/news-insights/trending/acstgvYRJjcQFnnX0O0xPw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Brahim's Holdings swings to loss in Q1


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

Brahim's Holdings swings to loss in Q1

Brahim's Holdings Bhd. said its normalized net income for the first quarter came to a loss of 3.1 million ringgits, compared with income of 826,380 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 fell to negative 5.1% from 1.0% in the year-earlier period.

Total revenue fell 29.5% on an annual basis to 60.5 million ringgits from 85.7 million ringgits, and total operating expenses fell 19.4% year over year to 62.5 million ringgits from 77.5 million ringgits.

Reported net income totaled a loss of 5.0 million ringgits, or a loss of 2 sen per share, compared to income of 2.8 million ringgits, or 1 sen per share, in the prior-year period.

As of May 26, US$1 was equivalent to 4.06 ringgits.