Spring Gallery Bhd. said its normalized net income for the fiscal first quarter ended Sept. 30 came to a loss of 331,250 ringgits.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 13.8%.
Total revenue came to 2.4 million ringgits, and total operating expenses came to 3.1 million ringgits.
Reported net income totaled a loss of 530,000 ringgits, or a loss of 1 sen per share.
As of Nov. 26, US$1 was equivalent to 3.35 ringgits.
