trending Market Intelligence /marketintelligence/en/news-insights/trending/l5taKABzCphkvde225KADg2 content esgSubNav
In This List

PLS Plantations fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


PLS Plantations fiscal Q3 profit falls YOY

PLS Plantations Bhd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 1.1 million ringgits, a decrease of 64.0% 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 fell to 6.1% from 24.4% in the year-earlier period.

Total revenue grew 42.9% year over year to 17.5 million ringgits from 12.3 million ringgits, and total operating expenses grew 35.8% on an annual basis to 15.3 million ringgits from 11.3 million ringgits.

Reported net income came to a loss of 76,000 ringgits, or a loss of 0 sen per share, compared to income of 2.7 million ringgits, or 1 sen per share, in the year-earlier period.

As of Feb. 17, US$1 was equivalent to 3.58 ringgits.