Berjaya Food Bhd. said its normalized net income for the fiscal second quarter ended Oct. 31 was 30 Malaysian sen per share, a gain from 1 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 105.0 million ringgits, an increase from 3.7 million ringgits in the year-earlier period.
The normalized profit margin climbed to 139.3% from 11.1% in the year-earlier period.
Total revenue increased on an annual basis to 75.3 million ringgits from 33.7 million ringgits, and total operating expenses increased from the prior-year period to 68.5 million ringgits from 32.5 million ringgits.
Reported net income rose from the prior-year period to 163.6 million ringgits, or 46 sen per share, from 4.5 million ringgits, or 1 sen per share.
As of Dec. 9, US$1 was equivalent to 3.48 ringgits.
