trending Market Intelligence /marketintelligence/en/news-insights/trending/mZjaOLMKHwNVXIZIGzh0PA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

SEG International Q3 profit climbs YOY


What’s on the Horizon for the Cruise, Hotel & Resorts Sector?

Capital Markets View – February 2021


Latin America multichannel, broadband market 2020 recap


TMT News & Insights: February 2021

SEG International Q3 profit climbs YOY

SEG International Bhd. said its normalized net income for the third quarter was 8.7 million ringgits, a gain from 4.2 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 increased to 12.3% from 6.8% in the year-earlier period.

Total revenue climbed 15.7% on an annual basis to 71.0 million ringgits from 61.4 million ringgits, and total operating expenses climbed from the prior-year period to 59.3 million ringgits from 57.5 million ringgits.

Reported net income rose on an annual basis to 12.6 million ringgits, or 1 sen per share, from 5.3 million ringgits, or 0 sen per share.

As of Nov. 24, US$1 was equivalent to 4.40 ringgits.