trending Market Intelligence /marketintelligence/en/news-insights/trending/wg3iQKlZu-1nLjeQS2Gc7A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

NPC Resources Q2 profit falls YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

NPC Resources Q2 profit falls YOY

NPC Resources Berhad said its normalized net income for the second quarter came to 1.1 million ringgits, a decrease of 45.5% from 2.1 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 declined to 1.5% from 2.2% in the year-earlier period.

Total revenue declined 20.1% on an annual basis to 76.4 million ringgits from 95.6 million ringgits, and total operating expenses decreased 20.1% on an annual basis to 73.0 million ringgits from 91.3 million ringgits.

Reported net income declined 34.3% from the prior-year period to 1.6 million ringgits, or 1 sen per share, from 2.4 million ringgits, or 2 sen per share.

As of Aug. 25, US$1 was equivalent to 4.03 ringgits.