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DPS Resources fiscal Q1 profit climbs YOY

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MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023

DPS Resources fiscal Q1 profit climbs YOY

DPS Resources Bhd. said its normalized net income for the fiscal first quarter ended June 30 came to 592,500 ringgits, a gain from 256,250 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 5.7% from 2.4% in the year-earlier period.

Total revenue fell on an annual basis to 10.4 million ringgits from 10.5 million ringgits, and total operating expenses fell 6.1% year over year to 9.3 million ringgits from 9.9 million ringgits.

Reported net income grew from the prior-year period to 948,000 ringgits, or 0 sen per share, from 410,000 ringgits, or 0 sen per share.

As of Aug. 28, US$1 was equivalent to 4.18 ringgits.