trending Market Intelligence /marketintelligence/en/news-insights/trending/ZbaQsn_qwq7U08o75VUg4g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

SHH Resources fiscal Q3 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

SHH Resources fiscal Q3 profit falls YOY

SHH Resources Holdings Bhd. said its normalized net income for the fiscal third quarter ended March 31 was 2 Malaysian sen per share, a decrease of 10.5% from 2 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 1.0 million ringgits, a decline of 10.5% from 1.2 million ringgits in the year-earlier period.

The normalized profit margin declined to 3.7% from 4.3% in the year-earlier period.

Total revenue increased 5.3% on an annual basis to 28.1 million ringgits from 26.7 million ringgits, and total operating expenses rose 6.4% year over year to 26.4 million ringgits from 24.8 million ringgits.

Reported net income fell 59.1% year over year to 1.5 million ringgits, or 3 sen per share, from 3.8 million ringgits, or 8 sen per share.

As of May 27, US$1 was equivalent to 3.65 ringgits.