LTKM Bhd. said its normalized net income for the fiscal first quarter ended June 30 amounted to 5 Malaysian sen per share, an increase of 19.3% from 4 sen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 6.2 million ringgits, an increase of 19.3% from 5.2 million ringgits in the year-earlier period.
The normalized profit margin rose to 13.7% from 11.9% in the year-earlier period.
Total revenue rose year over year to 45.2 million ringgits from 43.5 million ringgits, and total operating expenses came to 35.9 million ringgits, compared with 35.9 million ringgits in the prior-year period.
Reported net income grew 17.7% year over year to 7.1 million ringgits, or 5 sen per share, from 6.1 million ringgits, or 5 sen per share.
As of Aug. 28, US$1 was equivalent to 3.15 ringgits.
