trending Market Intelligence /marketintelligence/en/news-insights/trending/qvIhXAq985fucAtwrQ4jgA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Watta Holding fiscal Q3 loss narrows YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


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

Industry Top Trends 2021: Metals and Mining

Watta Holding fiscal Q3 loss narrows YOY

Watta Holding Berhad said its normalized net income for the fiscal third quarter ended June 30 came to a loss of 121,630 ringgits, compared with a loss of 257,500 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 rose to negative 1.2% from negative 3.2% in the year-earlier period.

Total revenue climbed 28.4% on an annual basis to 10.2 million ringgits from 8.0 million ringgits, and total operating expenses rose 22.6% year over year to 10.7 million ringgits from 8.7 million ringgits.

Reported net income totaled a loss of 252,000 ringgits, or a loss of 0 sen per share, compared to a loss of 443,000 ringgits, or a loss of 1 sen per share, in the year-earlier period.

As of Aug. 25, US$1 was equivalent to 4.03 ringgits.