KUALA LUMPUR: George Kent (Malaysia) Bhd posted a net profit of RM31.26 million for the financial year ended March 31, 2022 (FY2022) on the back of RM355.22 million in revenue. Read full story
LONDON: Cash-strapped Britons are increasing the number of supermarkets they visit as they shop around for the best prices amid a worsening cost of living crisis, industry data showed on Tuesday. Read full story
PARIS: A top airline industry official called on Tuesday for calm surrounding recent travel chaos at some airports as people resume flying after the pandemic, blaming the gridlock on temporary delays in getting clearances for new staff. Read full story
WASHINGTON: U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and houses, which could curtail economic growth. Read full story
FRANKFURT: The timing of Warren Buffett’s recent investment in Citigroup Inc C.N was not known in advance by the U.S. lender, Chief Executive Jane Fraser said on Tuesday. Read full story
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
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