trending Market Intelligence /marketintelligence/en/news-insights/trending/bbPoEJR6rDtnmsSoTN1l_Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Khind Holdings Q3 profit falls YOY

Blog

ESG hits the mainstream for European private equity sponsors

Blog

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

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Khind Holdings Q3 profit falls YOY

Khind Holdings Berhad said its normalized net income for the third quarter came to 3 Malaysian sen per share, a decline of 33.9% from 4 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.1 million ringgits, a decline of 33.9% from 1.7 million ringgits in the year-earlier period.

The normalized profit margin fell to 1.3% from 2.0% in the year-earlier period.

Total revenue fell year over year to 84.2 million ringgits from 86.2 million ringgits, and total operating expenses declined on an annual basis to 81.5 million ringgits from 82.6 million ringgits.

Reported net income declined 14.5% on an annual basis to 1.8 million ringgits, or 4 sen per share, from 2.1 million ringgits, or 5 sen per share.

As of Nov. 24, US$1 was equivalent to 4.40 ringgits.