trending Market Intelligence /marketintelligence/en/news-insights/trending/m_BmqxScILMTl14S6yPwhQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Karex fiscal Q3 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Karex fiscal Q3 profit falls YOY

Karex Bhd. said its normalized net income for the fiscal third quarter ended March 31 was 6.9 million ringgits, a decline of 36.2% from 10.8 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 declined to 7.8% from 15.1% in the year-earlier period.

Total revenue grew 23.6% year over year to 88.2 million ringgits from 71.4 million ringgits, and total operating expenses rose 41.4% from the prior-year period to 77.4 million ringgits from 54.7 million ringgits.

Reported net income decreased 36.7% year over year to 9.6 million ringgits, or 1 sen per share, from 15.2 million ringgits, or 2 sen per share.

As of May 27, US$1 was equivalent to 4.08 ringgits.