Axiata's 1Q Net Profit More Than Doubles To RM159.8 Mln

KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.

Petronas Chemicals Reports 1Q 2025 Net Loss Of RM18 Mln Despite Higher Revenue

KUALA LUMPUR, May 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) reported a net loss of RM18 million in the first quarter ended March 31, 2025 (1Q 2025) due to unrealised foreign exchange losses, unfavourable net foreign exchange impact from the specialities segment, among others, despite recording a higher revenue of RM7.66 billion.

SBC Medical Q1 Profit Rises 15 Pct Despite Revenue Dip

KUALA LUMPUR, May 16 (Bernama) -- SBC Medical Group Holdings Incorporated, a global provider of management services to cosmetic treatment centres, recorded a net profit of US$22 million for the first quarter (Q1) ended March 31, marking a 15 per cent increase year-on-year (y-o-y). (US$1=RM4.27)

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Widad's Unit To Dispose Property For RM41.50 Mln

KUALA LUMPUR, April 28 (Bernama) -- Widad Group Bhd’s wholly-owned subsidiary, Widad Builders Sdn Bhd has inked a sale and purchase agreement (SPA) with Richfield Builder (M) Sdn Bhd (RBSB) for the disposal of a property for a total consideration of RM41.50 million.

Tariffs Will Impact Guan Chong's Margin For US-Bound Products -- MIDF Amanah

KUALA LUMPUR, April 24 (Bernama) -- The United States’ (US) tariffs will negatively impact the margin for Guan Chong Bhd’s (GCB) US-bound products, especially butter and liquor, MIDF Amanah Investment Bank Bhd said.

Pluxee Lifts FY2025 Outlook After Strong First-half Performance

KUALA LUMPUR, April 17 (Bernama) -- Pluxee, a global player in employee benefits and engagement, reported total revenues of 635 million euros for the first half of fiscal year 2025 (H1 FY2025), marking organic growth of 10.8 per cent, in line with its full-year low double-digit growth objective. (1 Euro = RM5.00)

Ringgit Ends Higher Against Greenback Amid Trade War, Tariff Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- The ringgit ended higher against the US dollar today, supported by a weaker greenback amid uncertainties surrounding the trade war and tariff tensions, said an analyst.

Sustainability Report: LyondellBasell Showcases Progress In Circular Economy, Climate Action

KUALA LUMPUR, April 16 (Bernama) -- LyondellBasell, a global leader in the chemical industry, has demonstrated progress in circular and low-carbon solutions, climate action and operational excellence with the release of its 2024 Sustainability Report.

Breaking Language Barriers: AI-Media Debuts LEXI Voice At NAB Show 2025

KUALA LUMPUR, April 15 (Bernama) -- AI-Media, a global leader in artificial intelligence (AI)-driven captioning and language technology, unveiled its groundbreaking live translation solution, LEXI Voice, at the NAB Show 2025 in Las Vegas, signalling a major advancement in real-time multilingual broadcasting.

MSB Global Makes Ace Market Debut, Eyes Regional Growth, US Tariff Minimal Impact

KUALA LUMPUR, April 15 (Bernama) -- MSB Global Group Bhd said US tariffs will have a minimal impact on its business operations as the company’s supply chain and market focus remain primarily within Asia.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.