trending Market Intelligence /marketintelligence/en/news-insights/trending/Z_CxCp0H5fabo-nB6AWG1Q2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Dutch Lady Milk Industries Q3 profit climbs 70.4% YOY

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021

Blog

LCD Monthly: LIBOR: A dramedy for our times


Dutch Lady Milk Industries Q3 profit climbs 70.4% YOY

Dutch Lady Milk Industries Bhd. said its normalized net income for the third quarter amounted to 64 Malaysian sen per share, a gain of 70.4% from 38 sen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 41.1 million ringgits, an increase of 70.4% from 24.1 million ringgits in the year-earlier period.

The normalized profit margin rose to 16.1% from 10.0% in the year-earlier period.

Total revenue rose 6.3% year over year to 255.6 million ringgits from 240.5 million ringgits, and total operating expenses declined 5.9% from the prior-year period to 189.9 million ringgits from 201.9 million ringgits.

Reported net income rose 75.0% year over year to 50.0 million ringgits, or 78 sen per share, from 28.5 million ringgits, or 45 sen per share.

As of Nov. 17, US$1 was equivalent to 4.39 ringgits.