News

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: 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

KUALA LUMPUR: UEM Sunrise Bhd returned to the black in the first quarter ended March 31, 2022 (1Q22) with a net profit of RM19.02mil compared to a loss of RM4.3mil in the same period last year. Read full story

KUALA LUMPUR: Telekom Malaysia Bhd (TM) posted a 4.4% improvement in net profit to RM339.84mil in the first quarter ended March 31, from RM325.45mil in the same period last year. Read full story

KUALA LUMPUR: The ringgit closed slightly higher against the US dollar today despite growing concerns that China’s latest policy measure would be ineffective at stimulating the economy, said an analyst. Read full story

KUALA LUMPUR: Axiata Group Bhd slid into a net loss of RM42.9mil in the first quarter ended March 31 against a net profit of RM75.56mil a year ago, due to significant foreign exchange (forex) losses of RM476.9mil. Read full story