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Pensonic Holdings fiscal Q3 profit climbs 20.9% YOY

Pensonic Holdings Bhd. said its normalized net income for the fiscal third quarter ended Feb. 28 amounted to 1.4 million ringgits, an increase of 20.9% from 1.1 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 climbed to 1.4% from 1.2% in the year-earlier period.

Total revenue climbed 7.2% year over year to 101.5 million ringgits from 94.6 million ringgits, and total operating expenses rose 7.1% year over year to 98.0 million ringgits from 91.5 million ringgits.

Reported net income grew 22.0% on an annual basis to 2.2 million ringgits, or 2 sen per share, from 1.8 million ringgits, or 1 sen per share.

As of April 28, US$1 was equivalent to 3.54 ringgits.