trending Market Intelligence /marketintelligence/en/news-insights/trending/ErJWi0u2H1BcDndWuU-qSw2 content esgSubNav
In This List

Landmarks Bhd. swings to loss in Q1

Blog

Investment Banking Essentials Newsletter: October Edition, Part - 2

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Landmarks Bhd. swings to loss in Q1

Landmarks Berhad said its first-quarter normalized net income was a loss of 273,750 ringgits, compared with income of 1.7 million ringgits in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to negative 1.5% from 9.5% in the year-earlier period.

Total revenue grew 9.6% year over year to 19.3 million ringgits from 17.6 million ringgits, and total operating expenses climbed 19.9% on an annual basis to 20.2 million ringgits from 16.8 million ringgits.

Reported net income came to a loss of 1.5 million ringgits, or a loss of 0 sen per share, compared to income of 1.6 million ringgits, or 0 sen per share, in the prior-year period.

As of May 22, US$1 was equivalent to 3.60 ringgits.