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Jerasia Capital fiscal Q3 profit falls YOY

Jerasia Capital Bhd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 2 Malaysian sen per share, a decrease from 2 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.3 million ringgits, a decrease from 1.3 million ringgits in the year-earlier period.

The normalized profit margin dropped to 1.5% from 1.5% in the year-earlier period.

Total revenue totaled 87.8 million ringgits, compared with 88.4 million ringgits in the prior-year period, and total operating expenses came to 84.9 million ringgits, compared with 85.6 million ringgits in the year-earlier period.

Reported net income decreased 13.6% year over year to 1.2 million ringgits, or 1 sen per share, from 1.4 million ringgits, or 2 sen per share.

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