Caely Holdings Bhd. said its normalized net income for the fiscal second quarter ended Sept. 30 was 470 ringgits, a decrease of 100.0% from 1.4 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 fell to 0.0% from 5.4% in the year-earlier period.
Total revenue declined 15.0% year over year to 22.2 million ringgits from 26.1 million ringgits, and total operating expenses fell 5.3% year over year to 22.0 million ringgits from 23.2 million ringgits.
Reported net income fell 94.6% year over year to 116,010 ringgits, or 0 sen per share, from 2.1 million ringgits, or 3 sen per share.
As of Nov. 27, US$1 was equivalent to 3.35 ringgits.
