Eurospan Holdings Bhd. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, amounted to 867,500 ringgits, compared with a loss of 193,130 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 6.2% from negative 1.4% in the year-earlier period.
Total revenue came to 14.1 million ringgits, compared with 14.1 million ringgits in the year-earlier period, and total operating expenses fell 11.8% on an annual basis to 12.7 million ringgits from 14.4 million ringgits.
Reported net income totaled 1.1 million ringgits, or 2 sen per share, compared to a loss of 244,000 ringgits, or a loss of 1 sen per share, in the year-earlier period.
As of Jan. 11, US$1 was equivalent to 4.40 ringgits.