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Tomei's Net Profit For FY2024 Higher At RM59.5 Mln As More People View Gold As Secure Investment Asset

KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.

NX Group Unveils Key Visual, Concept Movie To Highlight Global Logistics Expertise

KUALA LUMPUR, Feb 26 (Bernama) -- Nippon Express Holdings Inc has launched a new key visual titled "Anything to Anywhere" to showcase the strengths of the NX Group in global logistics.

Maybank's Net Profit Surpasses RM10 Bln In FY2024, Revenue Hits RM68.94 Bln

KUALA LUMPUR, Feb 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit hit RM10.09 billion in the financial year ended Dec 31, 2024 (FY2024), 7.9 per cent higher than RM9.35 billion recorded in FY2023.

Anaqua Acquired By Nordic Capital To Boost IP Management Growth

KUALA LUMPUR, Feb 26 (Bernama) -- Anaqua has announced that Nordic Capital, a technology & payments private equity investor, has acquired a controlling interest in the company from Astorg.

Takaful Malaysia Posts Higher Profit After Zakat Of RM378.1 Mln In FY24

KUALA LUMPUR, Feb 26 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s profit after zakat and tax for the financial year ended Dec 31, 2024 increased nine per cent to RM378.1 million compared to RM347.1 million posted in 2023.

MTCDP Supports Growth Of 348 Mid-tier Companies To Date -- MATRADE

KUALA LUMPUR, Feb 25 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has successfully empowered and guided 348 mid-tier companies (MTCs) across various sectors through its flagship Mid-Tier Companies Development Programme (MTCDP) to date.

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.

iHerb Hits US$2.4 Bln In 2024 Sales, Boosting Global Growth

KUALA LUMPUR, Feb 25 (Bernama) -- iHerb, one of the world's leading online retailers for health and wellness products, celebrated a groundbreaking 2024, with net sales surpassing US$2.4 billion, marking a historic peak for the company. (US$1=RM4.40)

Paris Baguette Goes Big In Malaysia With New Halal Bakery Factory

KUALA LUMPUR, Feb 25 (Bernama) -- SPC Group’s newly established halal-certified food hub in Johor is set to play a pivotal role in the company’s global expansion while reinforcing Malaysia’s position as a key player in the international halal food industry.

Perlis Eyes Growth via Inland Port, Riding Penang’s E&E Wave

KUALA LUMPUR, Feb 20 (Bernama) -- Perlis is actively developing the Perlis Inland Port (PIP) and other maritime facilities to attract investors to the state while aiming to benefit from the economic spillover of strong investment inflows into Penang’s electrical and electronics  (E&E) sector.

Vista To Showcase Global 7500 At Inaugural BAAFEx 2025

KUALA LUMPUR, Feb 20 (Bernama) -- Vista, the world leader in private aviation, has announced its participation in the inaugural Business Aviation Asia Forum and Expo (BAAFEx) 2025 at Singapore’s Changi Exhibition Centre from March 4 to 6.

Menlo Security Acquires Votiro To Enhance Data Security For Enterprises

KUALA LUMPUR, Feb 20 (Bernama) -- Menlo Security, the industry leader of secure enterprise browsers, has announced its acquisition of Votiro, a data and file security platform that specialises in advanced Content Disarm & Reconstruction (CDR) and data loss prevention.