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Cheetah Holdings fiscal Q2 profit climbs 86.0% YOY

4910197 said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, came to 981,250 ringgits, an increase of 86.0% from 527,500 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 3.2% from 1.7% in the year-earlier period.

Total revenue totaled 30.8 million ringgits, compared with 30.9 million ringgits in the year-earlier period, and total operating expenses decreased year over year to 29.8 million ringgits from 30.3 million ringgits.

eported net income rose 90.7% on an annual bas Cheetah Holdings Bhd..