trending Market Intelligence /marketintelligence/en/news-insights/trending/aPekiC9_2e951416RZvTZA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

AMTEK Holdings swings to loss in fiscal Q3


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

AMTEK Holdings swings to loss in fiscal Q3

AMTEK Holdings Bhd. said its normalized net income for the fiscal third quarter ended March 31 was a loss of 405,630 ringgits, compared with income of 55,000 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 negative 4.4% from 0.4% in the year-earlier period.

Total revenue declined 29.5% year over year to 9.2 million ringgits from 13.1 million ringgits, and total operating expenses decreased 24.2% on an annual basis to 9.5 million ringgits from 12.5 million ringgits.

Reported net income came to a loss of 649,000 ringgits, or a loss of 1 sen per share, compared to income of 51,000 ringgits, or 0 sen per share, in the prior-year period.

As of May 30, US$1 was equivalent to 4.11 ringgits.