trending Market Intelligence /marketintelligence/en/news-insights/trending/QcvnJHlOtl2sg7mWg3vjaA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Sapura Industrial fiscal Q4 profit falls YOY

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Trade Payment Risk Is Not Necessarily Default Risk

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?

Sapura Industrial fiscal Q4 profit falls YOY

Sapura Industrial Bhd. said its normalized net income for the fiscal fourth quarter ended Jan. 31 came to 2 Malaysian sen per share, a decrease of 77.3% from 8 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.3 million ringgits, a decline of 77.3% from 5.6 million ringgits in the year-earlier period.

The normalized profit margin dropped to 2.3% from 7.5% in the year-earlier period.

Total revenue declined 26.1% on an annual basis to 54.5 million ringgits from 73.8 million ringgits, and total operating expenses decreased 19.7% year over year to 50.8 million ringgits from 63.3 million ringgits.

Reported net income declined 77.5% on an annual basis to 1.5 million ringgits, or 2 sen per share, from 6.8 million ringgits, or 9 sen per share.

For the year, the company's normalized net income totaled 10 sen per share, a fall of 53.9% from 21 sen per share in the prior year.

Normalized net income was 7.0 million ringgits, a fall of 53.9% from 15.1 million ringgits in the prior year.

Full-year total revenue decreased 15.2% year over year to 232.7 million ringgits from 274.3 million ringgits, and total operating expenses decreased 11.2% year over year to 221.0 million ringgits from 248.8 million ringgits.

The company said reported net income fell 54.8% on an annual basis to 8.2 million ringgits, or 11 sen per share, in the full year, from 18.2 million ringgits, or 25 sen per share.

As of May 29, US$1 was equivalent to 3.66 ringgits.