trending Market Intelligence /marketintelligence/en/news-insights/trending/jZlsTLdEVpCbK-QKOtMvpw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Pan Malaysia Holdings Q2 loss narrows YOY

Blog

Understanding the Basics of Social Housing Providers and Associations (SHPAs)

Blog

Tech in Banking: An Age of Digital Disruption

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021


Pan Malaysia Holdings Q2 loss narrows YOY

Pan Malaysia Holdings Bhd. said its second-quarter normalized net income came to a loss of 123,750 ringgits, compared with a loss of 696,250 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 increased to negative 5.6% from negative 27.5% in the year-earlier period.

Total revenue declined 13.2% on an annual basis to 2.2 million ringgits from 2.5 million ringgits, and total operating expenses rose from the prior-year period to 2.0 million ringgits from 2.0 million ringgits.

Reported net income totaled a loss of 198,000 ringgits, or a loss of 0 sen per share, compared to a loss of 1.1 million ringgits, or a loss of 0 sen per share, in the year-earlier period.

As of Aug. 20, US$1 was equivalent to 4.12 ringgits.