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Bioalpha Holdings swings to profit in Q1


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Bioalpha Holdings swings to profit in Q1

4909989 said its first-quarter normalized net income amounted to 51,750 ringgits, compared with a loss of 118,380 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 increased to 1.6% from negative 4.6% in the year-earlier period.

Total revenue climbed 25.6% on an annual basis to 3.2 million ringgits from 2.6 million ringgits, and total operating expenses rose 14.9% on an annual basis to 3.1 million ringgits from 2.7 million ringgits.

eported net income came to 14,000 ringgits, or 0 Bioalpha Holdings Berhad