Short position


Getting smoked 

Talk about a stock that is going up in smoke. British American Tobacco (M) Bhd’s (BAT) latest quarterly results were a shocker, as not only did its net profit drop by about 30% from a year ago, but sales volume also saw a 7.7% drop in the first quarter of its 2016 financial year compared with the fourth quarter of last year.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Short position , Tanah Makmur

   

Next In Business News

Hong Leong Industries records RM140.56mil in 1Q, declares 25 sen interim dividend
Deleum to focus on broadening its product lines
Infomina wins RM27mil purchase order contract
Radium unit acquires 5.26-ha land in Cheras for RM458mil
Solarvest remains optimistic on local RE industry
KPJ Healthcare’s 3Q24 revenue hits RM1bil
Haily wins RM115mil construction contract
Hyundai to invest RM2.16bil to set up a plant in Kulim
KLCC Stapled Group's net profit rises to RM206.53mil in 3Q
Key Asic signs RM10mil ASIC design contract

Others Also Read