trending Market Intelligence /marketintelligence/en/news-insights/trending/FXsEN8qMt5VlQdodXDAb1A2 content esgSubNav
In This List

MESB Bhd. fiscal Q3 profit falls YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


MESB Bhd. fiscal Q3 profit falls YOY

MESB Bhd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 1 Malaysian sen per share, a decrease of 17.4% from 1 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 724,380 ringgits, a decrease of 17.6% from 878,750 ringgits in the year-earlier period.

The normalized profit margin rose to 3.9% from 3.5% in the year-earlier period.

Total revenue declined 9.1% on an annual basis to 22.6 million ringgits from 24.9 million ringgits, and total operating expenses fell 5.9% on an annual basis to 21.9 million ringgits from 23.3 million ringgits.

Reported net income decreased 55.4% year over year to 397,000 ringgits, or 1 sen per share, from 890,000 ringgits, or 1 sen per share.

As of Feb. 26, US$1 was equivalent to 3.60 ringgits.