trending Market Intelligence /marketintelligence/en/news-insights/trending/u_ibUHK4QGg4bFuDq6Ftlg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Karex fiscal Q3 profit climbs 28.1% 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

Karex fiscal Q3 profit climbs 28.1% YOY

Karex Bhd. said its normalized net income for the fiscal third quarter ended March 31 came to 10.8 million ringgits, a rise of 28.1% from 8.4 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 climbed to 15.1% from 11.3% in the year-earlier period.

Total revenue decreased on an annual basis to 71.4 million ringgits from 74.6 million ringgits, and total operating expenses fell 10.8% year over year to 54.7 million ringgits from 61.4 million ringgits.

Reported net income increased 31.8% from the prior-year period to 15.2 million ringgits, or 2 sen per share, from 11.5 million ringgits, or 1 sen per share.

As of May 28, US$1 was equivalent to 3.65 ringgits.