Xian Leng Holdings Bhd. said its normalized net income for the fiscal third quarter ended Oct. 31 came to 28,130 ringgits, compared with a loss of 181,250 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 rose to 0.9% from negative 6.7% in the year-earlier period.
Total revenue increased 16.5% year over year to 3.1 million ringgits from 2.7 million ringgits, and total operating expenses rose 7.1% from the prior-year period to 3.0 million ringgits from 2.8 million ringgits.
Reported net income totaled 36,350 ringgits, or 0 sen per share, compared to a loss of 290,820 ringgits, or a loss of 0 sen per share, in the year-earlier period.
As of Dec. 30, US$1 was equivalent to 3.50 ringgits.
