RGB International Bhd. said its normalized net income for the third quarter came to 6.6 million ringgits, a gain of 56.2% from 4.2 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 climbed to 7.0% from 5.3% in the year-earlier period.
Total revenue increased 18.7% on an annual basis to 94.5 million ringgits from 79.7 million ringgits, and total operating expenses increased 16.7% year over year to 83.6 million ringgits from 71.6 million ringgits.
Reported net income rose 61.7% on an annual basis to 9.3 million ringgits, or 1 sen per share, from 5.8 million ringgits, or 0 sen per share.
As of Nov. 29, US$1 was equivalent to 4.46 ringgits.