trending Market Intelligence /marketintelligence/en/news-insights/trending/zpRFsjUM3GS2nGYAuOh1HQ2 content esgSubNav
In This List

Suiwah fiscal Q3 profit climbs 19.7% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Suiwah fiscal Q3 profit climbs 19.7% YOY

Suiwah Corp. Bhd. said its normalized net income for the fiscal third quarter ended Feb. 28 amounted to 6 Malaysian sen per share, an increase of 19.7% from 5 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 3.5 million ringgits, an increase of 19.7% from 3.0 million ringgits in the prior-year period.

The normalized profit margin climbed to 2.9% from 2.7% in the year-earlier period.

Total revenue increased 10.6% on an annual basis to 121.5 million ringgits from 109.8 million ringgits, and total operating expenses rose 10.5% from the prior-year period to 115.6 million ringgits from 104.7 million ringgits.

Reported net income fell 15.2% year over year to 4.4 million ringgits, or 8 sen per share, from 5.2 million ringgits, or 9 sen per share.

As of April 24, US$1 was equivalent to 3.58 ringgits.