Three-A Resources Bhd. said its normalized net income for the third quarter was 6.3 million ringgits, a rise from 3.0 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 rose to 6.9% from 4.2% in the year-earlier period.
Total revenue increased 24.9% on an annual basis to 91.1 million ringgits from 73.0 million ringgits, and total operating expenses grew 20.4% on an annual basis to 79.4 million ringgits from 65.9 million ringgits.
Reported net income increased 38.9% on an annual basis to 6.5 million ringgits, or 1 sen per share, from 4.7 million ringgits, or 1 sen per share.
As of Nov. 24, US$1 was equivalent to 4.22 ringgits.