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KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
KUALA LUMPUR, Feb 26 (Bernama) -- Guan Chong Bhd’s net profit surged to RM429.18 million in the financial year ended Dec 31, 2024 (FY2024) compared with RM100.93 million in the preceding year partly due to higher selling prices of cocoa products.
KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is on the right track to unleash its potential as its economy remains on a steady course, bolstered by government reforms and strong economic fundamentals, according to HSBC's ASEAN economist Yun Liu.
By Anas Abu Hassan
KUALA LUMPUR, Feb 25 (Bernama) -- The Kuala Lumpur rubber market ended higher today supported by concerns over tight supply due to wintering in natural rubber-producing regions coupled with gains in crude oil prices, said a dealer.
KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
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.
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia’s gross domestic product (GDP) growth, which reached 5.1 per cent in 2024, has provided direct benefits for the people, including higher wages, quality job opportunities, better social assistance and protection, as well as growth in business and trade, the Dewan Rakyat was told today.
KUALA LUMPUR, Feb 18 (Bernama) -- Greatech Technology Bhd's net profit rose marginally to RM154.99 million in the financial year ended Dec 31, 2024 (FY2024) from RM154.36 million in FY2023.
KUALA LUMPUR, Feb 18 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM441.39 million for the financial year ended Dec 31, 2024 (FY2024), up from RM383.40 million a year ago.
KUALA LUMPUR, Feb 18 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has acquired the remaining 40 per cent stake in Paragon Pinnacle Sdn Bhd (PPSB) from Employees Provident Fund (EPF) subsidiary, Tanjung Wibawa Sdn Bhd (TWSB), for RM184.08 million.
