ICT Zone Asia Bhd (XKLS:03038) Net Income : RM7.3 Mil (TTM As of Jan. 2024)

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What is ICT Zone Asia Bhd Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. ICT Zone Asia Bhd's Net Income for the six months ended in Jan. 2024 was RM5.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was RM7.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ICT Zone Asia Bhd's Earnings per Share (Diluted) for the six months ended in Jan. 2024 was RM0.01.

ICT Zone Asia Bhd Net Income Historical Data

The historical data trend for ICT Zone Asia Bhd's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ICT Zone Asia Bhd Net Income Chart

ICT Zone Asia Bhd Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Net Income

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1.05

3.88

4.28

6.34

7.34

ICT Zone Asia Bhd Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Net Income	Get a 7-Day Free Trial						1.48	2.45	3.89	2.02	5.32

ICT Zone Asia Bhd Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

ICT Zone Asia Bhd's Net Income for the fiscal year that ended in Jan. 2024 is calculated as

	Net Income		(A: Jan. 2024 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	8.973	+	-1.517	+	0	+	-0.114
=	7.3

ICT Zone Asia Bhd's Net Income for the quarter that ended in Jan. 2024 is calculated as

	Net Income		(Q: Jan. 2024 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	6.382	+	-0.662	+	0	+	-0.396
=	5.3

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM7.3 Mil.

ICT Zone Asia Bhd (XKLS:03038) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

ICT Zone Asia Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

Earnings per Share (Diluted) (Q: Jan. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(5.324	-	0)	/	715.829
	=	0.01

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

ICT Zone Asia Bhd Net Income Related Terms

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ICT Zone Asia Bhd (XKLS:03038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICT Zone Asia Bhd (XKLS:03038) » Definitions » Net Income

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Traded in Other Exchanges

03038P.PFD:Malaysia

Address

Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.ictzone.asia

ICT Zone Asia Bhd is an investment holding company. It operates in the following segments: Leasing, which involves the operating lease of ICT hardware and software without services as well as disposal of assets returned at the end of the operating lease; Trading includes outright sales of ICT hardware and software; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; Rental segment includes rental of ICT hardware and software inclusive of corrective and preventative maintenance; and Cloud solution and service.

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