trending Market Intelligence /marketintelligence/en/news-insights/trending/MfC3L6PtH5NmXebi4biTrA2 content esgSubNav
In This List

Kluang Rubber fiscal Q3 profit climbs YOY

Podcast

MediaTalk | Season 2
Ep.8 The Masters Returns

Case Study

A Sports League Maximizes Revenue from Media Rights

Podcast

Next in Tech Episode 162: The cloud native journey

Blog

Claim it back: Maximizing your tax refund


Kluang Rubber fiscal Q3 profit climbs YOY

Kluang Rubber Co. (Malaya) Bhd. said its normalized net income for the fiscal third quarter ended March 31 was 1.0 million ringgits, a rise from 40,750 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 rose to 34.6% from 1.3% in the year-earlier period.

Total revenue fell 9.4% on an annual basis to 2.9 million ringgits from 3.2 million ringgits, and total operating expenses increased 27.7% on an annual basis to 3.5 million ringgits from 2.7 million ringgits.

Reported net income totaled 4.5 million ringgits, or 7 sen per share, compared to a loss of 721,000 ringgits, or a loss of 1 sen per share, in the year-earlier period.

As of May 26, US$1 was equivalent to 4.06 ringgits.