Petronas Evaluating Rightsizing Efforts
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.
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There are 214 news based on search keyword " financial year"
TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends
KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.
Affin Bank's Profit Up 26.7 Pct In 2024 Amid Higher Income, Write-back Of Impairment Losses
KUALA LUMPUR, Feb 25 (Bernama) -- Affin Bank Bhd’s net profit increased 26.7 per cent to RM509.70 million for the financial year ended Dec 31, 2024 (FY2024) from RM402.19 million in the preceding year due to a higher income as well as higher write-back of credit impairment losses by RM229.6 million.
Nestle Malaysia's Net Profit Falls To RM415.62 Mln In FY2024
KUALA LUMPUR, Feb 25 (Bernama) -- Nestle (Malaysia) Bhd’s net profit slipped to RM415.62 million in the financial year ended Dec 31, 2024 (FY2024) against RM659.87 million in FY2023.
Destini Bhd’s Unit Secures Contract Worth RM10 Mln
KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.
Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023.
EcoWorld Malaysia Unit To Sell Industrial Land For RM266 Mln
KUALA LUMPUR, Feb 25 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Paragon Pinnacle Sdn Bhd, has entered into a conditional sale and purchase agreement with Pearl Computing Malaysia Sdn Bhd for the disposal of a 23.55-hectare leasehold industrial land in Eco Business Park V for RM266.14 million cash.
Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts
KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.
99 Speed Mart Net Profit Up 22.5 Pct To RM490.26 Mln For FY2024
KUALA LUMPUR, Feb 24 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Holdings) net profit increased by 22.5 per cent to RM490.26 million in the financial year ended Dec 31, 2024 (FY2024) against RM400.22 million in FY2023, in tandem with the higher revenue and other operating income.
Audit Flags SME Corp For Overspending Development Grants
KUALA LUMPUR, Feb 24 (Bernama) -- SME Corporation Malaysia (SME Corp) spent development grants beyond its allocated funds, resulting in a RM7.96 million debit balance.
MSM Returns To Black With RM31.25 Mln Net Profit In FY2024
KUALA LUMPUR, Feb 24 (Bernama) -- MSM Malaysia Holdings Bhd (MSM) has returned to the black in the financial year ended Dec 31, 2024 (FY2024), recording a net profit of RM31.25 million compared to a net loss of RM49.88 million in FY2023.
Sime Darby Posts RM305 Mln 2Q Net Profit, Declares 4 Sen Dividend
KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.