Stock Market & Investment News

KUALA LUMPUR: Sunway Bhd posted a higher net profit of RM140.11 million for the first quarter ended March 31, 2022, compared with RM58.45 million in the corresponding quarter amid stronger operating performance from most business segments. Read full story

KUALA LUMPUR: Petronas Dagangan Bhd’s (PetDag) net profit tumbled 38% to RM118.5mil in the first quarter ended March 31 against RM191.11mil a year earlier on higher operating expenditure. Read full story

KUALA LUMPUR: DRB-Hicom Bhd’s net loss widened to RM25.74 million in the first quarter ended March 31, 2022 (Q1 FY2022) from RM16.96 million in the same period last year, in line with weaker revenue. Read full story

PETALING JAYA: Genting Malaysia Bhd recorded total revenue of RM1.72bil, almost three times the level reported in the same quarter last year. Read full story

KUALA LUMPUR: Samaiden Group Bhd’s net profit jumped almost four-fold to RM4.19mil in the third quarter ended March 31 (3Q) compared with RM1.07mil posted last year. Read full story

KUALA LUMPUR: Hong Seng Consolidated Bhd’s net profit soared more than seven times to RM42.3mil in the second quarter ended March 31 from RM6.03mil a year ago. Read full story

KUALA LUMPUR: WZ Satu Bhd’s net profit for its first quarter ended March jumped 94.1% to RM2.11mil from RM1.09mil in the corresponding quarter last year. Read full story

KUALA LUMPUR: Pecca Group Bhd’s net profit for the third quarter ended March 31 (3Q) rose marginally to RM8.09mil from RM8.05mil a year ago. Read full story

KUALA LUMPUR: Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices. Read full story

KUALA LUMPUR: UMediC Group Bhd has received approvals from Bursa Malaysia Securities Bhd and Securities Commission (SC) Malaysia for its listing on the ACE Market of Bursa Malaysia. Read full story