Wasco Records Net Profit Of RM25.02 Mln In 3q
KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.
| LATEST NEWS | Malaysia must demonstrate its capability in leading and shaping ASEAN’s direction - King | Sultan Ibrahim expresses concern that slander and defamation on social media are sowing confusion, hostility, and division among the people. | All parties must strive to make the Visit Malaysia 2026 campaign a success, especially by ensuring the country is clean and safe - King | The government service system must be upgraded with digital technology to combat corruption, abuse of power and red tape culture - King | King welcomes the implementation of targeted subsidies and calls for efficient and effective distribution to those truly eligible. | |
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IHH Healthcare Posts Higher Net Profit Of RM534.0 Mln In 3Q
KUALA LUMPUR, Nov 28 (Bernama) -- IHH Healthcare Bhd's net profit grew to RM534.0 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM532.0 million in the same period last year, buoyed by sustained demand for quality healthcare services and growth in revenue intensity.
Genting Malaysia Net Profit Triples To RM569.16 Mln In 3Q On Higher EBITDA
KUALA LUMPUR, Nov 28 (Bernama) -- Genting Malaysia Bhd’s net profit tripled to RM569.16 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM177.41 million in the same quarter last year, on higher adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) by 75 per cent.
Welspun One Invests US$325 Mln To Develop India's Largest Logistics Facility
KUALA LUMPUR, Nov 28 (Bernama) -- Welspun One, India’s fastest-growing new-age logistics and industrial real estate manager, is investing US$325 million in the country’s largest single-location ‘Grade A’ warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. (US$1=RM4.43)
Sime Darby’s Net Profit Soars To RM800 Mln In 1Q FY2025
KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.
Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.
MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend
KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.
Forest City's SFZ To Focus On Banking And Logistics - MB
ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.
IOI Corp's Operating Profit Remains Stable Amid Uncertainty In Donwstream Sub-segment - MIDF Amanah
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
TM Seen As Among Beneficiaries Of Booming It Market
KUALA LUMPUR, Nov 27 (Bernama) -- Public Investment Bank Bhd (PIVB) sees Telekom Malaysia Bhd (TM) as among beneficiaries of the booming information technology (IT) market as major cloud and internet companies would also demand greater terrestrial connectivity as well as global subsea cable networks.
KLK Shares Drop 4 Pct As Earnings Miss Estimates
KUALA LUMPUR, Nov 27 (Bernama) -- Shares of Kuala Lumpur Kepong Bhd (KLK) emerged as the top losers on Bursa Malaysia in early trade today after its latest financial results missed market expectations.