Bonia Corp. Bhd. said its normalized net income for the fiscal first quarter ended Sept. 30 came to 1 Malaysian sen per share, a decrease of 8.1% from 2 sen per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 11.6 million ringgits, a decrease of 8.1% from 12.6 million ringgits in the year-earlier period.
The normalized profit margin dropped to 6.8% from 7.5% in the year-earlier period.
Total revenue increased year over year to 170.9 million ringgits from 168.4 million ringgits, and total operating expenses increased on an annual basis to 148.6 million ringgits from 145.6 million ringgits.
Reported net income fell 8.9% on an annual basis to 13.0 million ringgits, or 2 sen per share, from 14.2 million ringgits, or 2 sen per share.
As of Nov. 27, US$1 was equivalent to 3.35 ringgits.
