My E.G. Services Berhad said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, was 19.2 million ringgits, an increase from 8.9 million 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 increased to 30.3% from 29.9% in the year-earlier period.
Total revenue rose on an annual basis to 63.5 million ringgits from 29.8 million ringgits, and total operating expenses grew from the prior-year period to 32.4 million ringgits from 15.3 million ringgits.
Reported net income grew year over year to 30.3 million ringgits, or 1 sen per share, from 14.1 million ringgits, or 0 sen per share.
As of Feb. 29, US$1 was equivalent to 4.21 ringgits.
