trending Market Intelligence /marketintelligence/en/news-insights/trending/mTdxu2AR6YbmFR_vz0Mwnw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Innoprise Plantations Q3 profit climbs YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


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

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Innoprise Plantations Q3 profit climbs YOY

Innoprise Plantations Bhd. said its normalized net income for the third quarter was 2 Malaysian sen per share, a gain of 65.3% from 1 sen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 11.2 million ringgits, a gain from 5.4 million ringgits in the year-earlier period.

The normalized profit margin rose to 27.0% from 17.5% in the year-earlier period.

Total revenue climbed 33.7% on an annual basis to 41.3 million ringgits from 30.9 million ringgits, and total operating expenses grew 5.4% on an annual basis to 22.6 million ringgits from 21.5 million ringgits.

Reported net income grew on an annual basis to 13.8 million ringgits, or 3 sen per share, from 6.7 million ringgits, or 2 sen per share.

As of Nov. 22, US$1 was equivalent to 4.42 ringgits.