Caring Pharmacy Group Bhd. said its normalized net income for the fiscal second quarter ended Nov. 30, 2014, was 1.8 million ringgits, compared with 1.8 million ringgits in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin dropped to 2.0% from 2.2% in the year-earlier period.
Total revenue grew 5.4% year over year to 89.0 million ringgits from 84.4 million ringgits, and total operating expenses rose 6.4% from the prior-year period to 86.0 million ringgits from 80.8 million ringgits.
Reported net income grew 14.8% on an annual basis to 2.1 million ringgits, or 1 sen per share, from 1.8 million ringgits, or 1 sen per share.
As of Jan. 27, US$1 was equivalent to 3.60 ringgits.
