trending Market Intelligence /marketintelligence/en/news-insights/trending/shKYbSrquhEHwPYo3U-ogQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Boustead Plantations Q1 profit falls 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

Boustead Plantations Q1 profit falls YOY

Boustead Plantations Bhd. said its normalized net income for the first quarter was 6.6 million ringgits, a fall of 73.2% from 24.7 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 fell to 5.0% from 12.5% in the year-earlier period.

Total revenue declined 33.6% on an annual basis to 131.9 million ringgits from 198.6 million ringgits, and total operating expenses fell 17.8% from the prior-year period to 118.4 million ringgits from 144.0 million ringgits.

Reported net income fell 75.6% on an annual basis to 7.3 million ringgits, or 0 sen per share, from 30.1 million ringgits, or 3 sen per share.

As of May 19, US$1 was equivalent to 3.61 ringgits.