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Three-A Resources Q1 profit climbs YOY

4911437 said its normalized net income for the first quarter came to 3.7 million ringgits, an increase from 3.6 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 rose to 5.0% from 4.7% in the year-earlier period.

Total revenue fell on an annual basis to 74.6 million ringgits from 76.6 million ringgits, and total operating expenses declined on an annual basis to 66.8 million ringgits from 69.1 million ringgits.

Reported net income declined on an annual basis to 3.5 million ringgits, or 1 sen per share, from 3.6 million ringgits, or 1 sen per share.

s of May 5, US$1 was equivalent to 3.60 ringgits.Three-A Resources Bhd.

4911437 said its normalized net income for the first quarter came to 3.7 million ringgits, an increase from 3.6 million ringgits in the year-earlier period.