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Paramount Q2 net profit at RM28.46 mln, records unbilled sales of RM978 mln

KUALA LUMPUR, Aug 22 -- Paramount Corporation Bhd, which is involved in property development and education services, saw its net profit slip by 33 per cent to RM28.46 million in the second quarter ended June 30, 2019 (Q2) compared with RM42.30 million in the same quarter last year.

Allianz Q2 net profit rises to RM117.67 mln on higher operating revenue

KUALA LUMPUR, Aug 22 -- Allianz Malaysia Bhd posted a higher net profit of RM117.67 million for the second quarter ended June 30, 2019 (Q2 2019) from RM89.87 million recorded in the same period last year due to higher operating revenue.

Perak natural gas project to be completed mid-2020

BATU GAJAH, Aug 22 -- About 77 per cent of Perak’s natural gas pipeline project, which stretches for 140-kilometres from Ayer Tawar, Manjung to Lembah Kinta has been completed, and is expected to be ready by the middle of next year.

Serba Dinamik Q2 net profit soars to RM130.44 mln

KUALA LUMPUR, Aug 22 --  Serba Dinamik Holdings Bhd's net profit jumped to RM130.44 million in the second quarter ended June 30, 2019 (Q2 2019) from RM102.74 million in the same period last year. 

RAM sees more downward pressure on domestic bond yields

KUALA LUMPUR, Aug 22 -- The prospect of a low global interest rate environment and consequent search for yields is expected to continue placing downward pressure on domestic bond yields, says RAM Ratings Services Bhd.

Bousted Plantations returns to the black in 2Q19

KUALA LUMPUR, Aug 22 -- Boustead Plantations Bhd returned to the black in the second quarter ended June 30, 2019 (Q219) with a net profit of RM79.23 million against a net loss of RM22.24 million in the same quarter last year.

Local companies urged to unlock potential in Sabah halal industry

KUALA LUMPUR, Aug 22 -- Halal Development Corporation (HDC) is urging companies in Sabah to continue to unlock and seize opportunities in the halal market that will help grow the local economy.