trending Market Intelligence /marketintelligence/en/news-insights/trending/rQqjnWtfi_wD6jXuygTCyA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Niche Capital Emas fiscal Q3 loss widens YOY


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021


Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Niche Capital Emas fiscal Q3 loss widens YOY

Niche Capital Emas Holdings Bhd. said its normalized net income for the fiscal third quarter ended March 31 was a loss of 357,630 ringgits, compared with a loss of 346,000 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 dropped to negative 11.3% from negative 4.8% in the year-earlier period.

Total revenue declined 56.2% on an annual basis to 3.2 million ringgits from 7.2 million ringgits, and total operating expenses fell 58.9% from the prior-year period to 3.6 million ringgits from 8.7 million ringgits.

Reported net income came to a loss of 514,700 ringgits, or a loss of 0 sen per share, compared to a loss of 909,180 ringgits, or a loss of 0 sen per share, in the year-earlier period.

As of May 27, US$1 was equivalent to 4.08 ringgits.