| LATEST NEWS | Former Armed Forces chief Tan Sri Mohd Nizam to be charged at KL Special Corruption Court on Jan 23 - MACC | Former army chief Tan Sri Hafizuddeain and wife to be charged at KL Special Corruption Court tomorrow - MACC | The economy is now on the right track, with Malaysia attracting foreign investors and major corporations - Fahmi | Communications Ministry focuses on strengthening digital infrastructure, creative industries and information and government communications in 2026 - Fahmi | Three shopping malls have been identified as public transport hubs for KL–Singapore express bus services - Loke | |
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) -- Affin Bank Bhd’s net profit increased 26.7 per cent to RM509.70 million for the financial year ended Dec 31, 2024 (FY2024) from RM402.19 million in the preceding year due to a higher income as well as higher write-back of credit impairment losses by RM229.6 million.
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.
KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.
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 24 (Bernama) -- Singapore-headquartered ST Telemedia Global Data Centres (STT GDC) today held a groundbreaking ceremony for its first data centre facility in Johor.
PETALING JAYA, Feb 24 (Bernama) -- Sime Darby Bhd expects tough competition in its motors division this year due to an over supply of vehicles from China, according to group chief executive officer Datuk Jeffri Salim Davidson.
KUALA LUMPUR, Feb 24 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Holdings) net profit increased by 22.5 per cent to RM490.26 million in the financial year ended Dec 31, 2024 (FY2024) against RM400.22 million in FY2023, in tandem with the higher revenue and other operating income.
KUALA LUMPUR, Feb 24 (Bernama) -- Nine Employees Provident Fund (EPF) subsidiaries had suffered losses for three consecutive years since 2021, with total losses in 2023 amounting to RM224.21 million.
KUALA LUMPUR, Feb 24 (Bernama) -- MSM Malaysia Holdings Bhd (MSM) has returned to the black in the financial year ended Dec 31, 2024 (FY2024), recording a net profit of RM31.25 million compared to a net loss of RM49.88 million in FY2023.
KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.
