| LATEST NEWS | Muhyiddin announces resignation as PN chairman effective Jan 1 | |
KUALA LUMPUR, Feb 27 (Bernama) -- DRB-HICOM Bhd posted a significantly lower net profit of RM22.55 million for the financial year ended Dec 31, 2024 (FY2024), compared to the RM238.88 million net profit recorded in FY2023.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
KUALA LUMPUR, Feb 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit fell 19 per cent to RM650.48 million in the financial year ended Dec 31, 2024 (FY2024), compared with RM800.32 million in FY2023, due to a gain from the disposal of subsidiaries in the preceding year.
KUALA LUMPUR, Feb 27 (Bernama) -- Mah Sing Group Bhd's net profit for the financial year ended Dec 31, 2024 (FY2024) rose to RM240.75 million from RM215.29 million recorded in FY2023, demonstrating the resilient demand for its affordably priced and strategically located developments.
KUALA LUMPUR, Feb 27 (Bernama) -- Alliance Bank Malaysia Bhd’s net profit for the third quarter ended Dec 31, 2024 (3Q FY2025) was 5.5 per cent higher at RM186.67 million from RM176.86 million a year earlier.
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
KUALA LUMPUR, Feb 27 (Bernama) -- Malayan Banking Bhd (Maybank) is expected to shine in the current market climate as investors seek refuge from the uncertainties surrounding United States (US) President Donald Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
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.
KUALA LUMPUR, Feb 26 (Bernama) -- Guan Chong Bhd’s net profit surged to RM429.18 million in the financial year ended Dec 31, 2024 (FY2024) compared with RM100.93 million in the preceding year partly due to higher selling prices of cocoa products.
KUALA LUMPUR, Feb 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) registered a lower net profit of RM94.78 million in the second quarter of its financial year ending June 30, 2025 (2Q FY2025) against RM121.50 million in 2Q FY2024.
KUALA LUMPUR, Feb 26 (Bernama) -- WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.
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.
