trending Market Intelligence /marketintelligence/en/news-insights/trending/wg3iQKlZu-1nLjeQS2Gc7A2 content esgSubNav
In This List

NPC Resources Q2 profit falls YOY

Blog

Industries Most and Least Impacted by COVID-19: A Market-Implied Probability of Default Perspective

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Insight Weekly: Labor market recovery hurdles; power market integration; nonbank M&A hunt

Blog

Investment Banking Essentials Newsletter: October Edition


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.