Stock Market & Investment News

KUALA LUMPUR: Guan Chong Bhd’s net profit jumped 57.2% to RM53.27mil in the first quarter ended March 31, from RM33.9mil a year ago, due to improved margin. Read full story

KUALA LUMPUR: PRG Holdings Bhd’s net profit surged to RM4.09mil in the first quarter ended March 31 compared with RM937,000 a year ago. Read full story

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KUALA LUMPUR: MY E.G. Services Bhd net profit for the first quarter ended March 31, 2022 (Q1 2022) rose 11.4 per cent to RM84.63 million from RM76.29 million in the same quarter last year due to higher contribution from quarantine collection services. Read full story

KUALA LUMPUR: Steel products manufacturer, Leon Fuat Bhd posted a lower net profit of RM23.9mil in the first quarter ended March 31, from RM36.12mil a year prior.  Read full story

KUALA LUMPUR: AirAsia X Bhd (AAX) posted a whopping RM33.62bil in net profit in the third quarter ended March 31 (3Q22) as the carrier completed its debt restructuring. Read full story

KUALA LUMPUR: Sapura Energy Bhd’s wholly-owned subsidiary, Sapura 3000 Pte Ltd has entered into a memorandum of agreement (MOA) for the disposal of its vessel, known as Sapura 3000, for US$71.50 million (US$1=RM4.36). Read full story