5m ago
KUALA LUMPUR, Sept 22 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)
5m ago
KUALA LUMPUR, Sept 19 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, has reported a net income of 13.6 million euros for the first half (1H) of 2025, a decrease of 32.9 per cent compared to the same period last year. (1 Euro = RM4.93)
5m ago
KUALA LUMPUR, Sept 8 (Bernama) -- The telecommunications industry’s average revenue per user (ARPU) eased 0.8 per cent quarter-on-quarter (q-o-q) in the second quarter of 2025 (2Q 2025) with the possibility to decline further in the second half of the year (2H 2025), according to CIMB Securities Sdn Bhd.
6m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
6m ago
KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.
6m ago
KUALA LUMPUR, Aug 15 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported second-quarter (Q2) revenue of US$43 million, an 18 per cent year-over-year (YoY) decline, as the company continues to realign its business around higher-margin services and scalable growth. (US$1=RM4.21)
6m ago
KUALA LUMPUR, Aug 14 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares were lower following weaker results in the second quarter ended June 30, 2025 (2Q 2025) after reporting a net loss of RM1.08 billion compared with a net profit of RM777 million a year ago.
7m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia’s successful negotiation to reduce the reciprocal tariff imposed by the United States (US) on its exports to 19 per cent from 25 per cent is seen as a strategic step forward, placing the country on equal footing with major ASEAN peers while preserving key domestic policy priorities.
7m ago
KUALA LUMPUR, July 29 (Bernama) -- DXN Holdings Bhd’s net profit fell by 13.6 per cent to RM73.91 million in the first quarter ended May 31, 2025 (1Q FY2026) from RM85.56 million in the same period last year due to foreign exchange (forex) losses stemming from the strengthening of the ringgit.
7m ago
KUALA LUMPUR, July 24 (Bernama) -- In a landmark European entry, Abu Dhabi’s Multiply Group has acquired a 67.91 per cent majority stake in Tendam, Spain’s second-largest apparel company, in a transaction valued at 5.6 billion UAE dirhams (1.3 billion euros) enterprise value. (1 Euro = RM4.95)
7m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 11 (Bernama) -- The ringgit ended the week lower against the US dollar on Friday as stronger US economic data fuelled demand for the greenback.
7m ago
KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.