Emico Holdings Bhd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 737,130 ringgits, an increase from 226,630 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 increased to 4.3% from 1.4% in the year-earlier period.
Total revenue climbed 6.2% year over year to 17.0 million ringgits from 16.0 million ringgits, and total operating expenses totaled 15.7 million ringgits, compared with 15.6 million ringgits in the year-earlier period.
Reported net income grew year over year to 748,000 ringgits, or 1 sen per share, from 364,000 ringgits, or 0 sen per share.
As of Feb. 26, US$1 was equivalent to 4.20 ringgits.