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KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.
KUALA LUMPUR, Feb 26 (Bernama) -- Malta has maintained its position at the top of the 2025 Global Citizenship Program Index for the 10th consecutive year, while Greece climbed to the top of the 2025 Global Residence Program Index for the first time, underscoring the dominance of European investment migration programmes.
KUALA LUMPUR, Feb 26 (Bernama) -- Public Bank Bhd’s net profit rose by 7.5 pct to RM7.15 billion in the financial year ended Dec 31, 2024 (FY2024) compared with RM6.65 billion in FY2023, due to the reversal of over-provision of tax in the prior years.
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 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.
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.
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.
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 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.
KUALA LUMPUR, Feb 25 (Bernama) -- Small and medium enterprises (SMEs) must embrace artificial intelligence (AI) and e-invoicing to remain competitive in Malaysia’s evolving digital economy, said Digital Minister Gobind Singh Deo.
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.
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.
