trending Market Intelligence /marketintelligence/en/news-insights/trending/O2bIRB3e_SaFIsqDtNHMhw2 content esgSubNav
In This List

Greenyield fiscal Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Greenyield fiscal Q1 profit falls YOY

Greenyield Bhd. said its normalized net income for the fiscal first quarter ended Oct. 31 was 75,000 ringgits, a decline of 88.9% from 673,750 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 fell to 1.1% from 7.6% in the year-earlier period.

Total revenue decreased 20.5% year over year to 7.1 million ringgits from 8.9 million ringgits, and total operating expenses declined 11.7% from the prior-year period to 6.9 million ringgits from 7.8 million ringgits.

Reported net income decreased 91.3% on an annual basis to 66,810 ringgits, or 0 sen per share, from 768,340 ringgits, or 0 sen per share.

As of Dec. 23, US$1 was equivalent to 3.50 ringgits.