trending Market Intelligence /marketintelligence/en/news-insights/trending/xCLE8UPOLcV3u2zRx6qhWg2 content esgSubNav
In This List

Cheetah Holdings fiscal Q3 loss widens YOY

Blog

Optimism abounds in Indian online video industry

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Podcast

Next in Tech | Episode 64: Digital infrastructure – towers and datacenters unite! Sort of...


Cheetah Holdings fiscal Q3 loss widens YOY

Cheetah Holdings Bhd. said its normalized net income for the fiscal third quarter ended March 31 came to a loss of 876,880 ringgits, compared with a loss of 842,500 ringgits in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 2.9% from negative 2.6% in the year-earlier period.

Total revenue fell 9.3% on an annual basis to 29.9 million ringgits from 33.0 million ringgits, and total operating expenses fell 8.7% from the prior-year period to 31.4 million ringgits from 34.4 million ringgits.

Reported net income totaled a loss of 1.1 million ringgits, or a loss of 1 sen per share, compared to a loss of 1.0 million ringgits, or a loss of 1 sen per share, in the year-earlier period.

As of May 19, US$1 was equivalent to 4.09 ringgits.