Showing 7725 results for "2024 Financial Year"
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Corporate News 28 Mar 2025 | 12:55 PM

Sarawak Cable's external auditor issues disclaimer of opinion on financial statements

KUALA LUMPUR: Sarawak Cable Bhd's external auditor, Baker Tilly Monteiro Heng PLT, has expressed a disclaimer of opinion on the company's audited financial statements for the financial year ended Nov 30, 2024 (FY2024).

Nation 21 Mar 2025 | 02:32 AM

Tabung Haji declares 3.25% profit distribution for 2024, highest in seven years

KUALA LUMPUR: Lembaga Tabung Haji on Friday (March 21) announced a profit distribution of 3.25% after zakat for the 2024 financial year, the highest rate in seven years since 2018.

World 27 Mar 2025 | 04:28 PM

Kenya's electricity consumption increase in second half of 2024

NAIROBI, March 27 (Xinhua) -- Kenya's electricity consumption increased in the last six months of 2024 compared to the same period in 2023, the energy regulator said on Thursday.

Corporate News 25 Mar 2025 | 11:28 AM

Velesto plans RM1.2bil capital reduction to strengthen financial position

KUALA LUMPUR: Velesto Energy Bhd has proposed a capital reduction exercise, reducing RM1.20bil from its issued share capital pursuant to Section 116 of the Companies Act 2016.

World 25 Mar 2025 | 05:08 PM

Kenya Airways posts first profit in 11 years

NAIROBI, March 25 (Xinhua) -- Kenya Airways, the country's national carrier, said on Tuesday that it recorded a net profit of 5.4 billion Kenyan shillings (about 41.7 million U.S. dollars) in the financial year ending December 2024, up from a loss of 174.6 million dollars recorded in 2023, after more than a decade of losses.

Nation 27 Mar 2025 | 03:00 AM

Armed Forces Fund Board announces 5.25% dividend rate, highest distribution in seven years

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) announced a dividend rate of 5.25% and a total payment of RM514.20mil for the 2024 financial year (FY2024).

Corporate News 20 Mar 2025 | 08:28 AM

SC posts RM20.7mil net operating surplus amid revenue growth in 2024

KUALA LUMPUR: The Securities Commission Malaysia (SC) recorded a net operating surplus of RM20.70 million in 2024 against a net operating deficit of RM56.46 million a year earlier, according to the SC Annual Report 2024 released today.

World 20 Mar 2025 | 05:17 PM

German ZF posts profit decline in 2024

FRANKFURT, March 20 (Xinhua) -- German auto supplier ZF on Thursday announced a sharp decline in profits in 2024, and a cautious outlook for this year.

Aviation 25 Mar 2025 | 08:37 AM

AirAsia expects bullish year driven by strong recovery, connectivity

SEPANG: AirAsia is set for a strong financial year in 2025 driven by strong recovery, strategic expansion and operational efficiencies.

Nation 26 Feb 2025 | 10:48 AM

Takaful Malaysia delivers resilient financial performance in 2024

SYARIKAT Takaful Malaysia Keluarga Bhd (Takaful Malaysia) delivered a resilient financial performance for the financial year ended Dec 31, 2024.

Corporate News 21 Mar 2025 | 07:53 AM

Carsome posts US$10mil profit in FY24, marking first full-year profitability

PETALING JAYA: Carsome Group Inc, has recorded an adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) profit of US$10mil for its financial year 2024 (FY24) powered by stronger margins and cost discipline.

Star Biz7 30 Mar 2025 | 11:00 PM

Is Mr DIY growing too fast?

It took MR DIY Group (M) Bhd, which sells everything from screwdrivers to biscuits, nearly 19 years to open its 500th store in 2019.

Vietnam 18 Mar 2025 | 03:38 AM

Vietnam developer proposes 15-year rescue for bank at heart of giant fraud, documents show

HANOI: The bank at the centre of Vietnam's biggest financial fraud has received a central bank bailout amounting to five per cent of the nation's 2024 economic output, which a local white knight hopes to repay in 15 years, documents seen by Reuters show.

Analyst Reports 30 Mar 2025 | 11:00 PM

Genting’s earnings intact despite RM46mil fine incurred in Nevada

PETALING JAYA: Genting Bhd's fully owned subsidiary Resorts World Las Vegas's (RWLV) operations are expected to recover with the return of gamblers to the casino, after having reached a settlement with the Nevada Gaming Control Board (NGCB).

Insight 14 Mar 2025 | 11:00 PM

Give women more financial muscle

The recent comment by Permodalan Nasional Bhd (PNB) Group CEO Datuk Rahman Ahmad that PNB's lack of growth in its assets under management (AUM) was partly due to Malaysians not saving enough caught my attention.

World 12 Mar 2025 | 05:56 PM

Profit of Porsche in 2024 shrinks by over 20 percent

FRANKFURT, March 12 (Xinhua) -- The German Luxury sports car manufacturer Porsche AG on Wednesday published the financial results for the 2024 financial year, and the group's operating profit contracted by over 20 percent.

Banking 13 Mar 2025 | 11:00 PM

Over 1,600 financial firms tap Fed’s emergency lending tool

More than 1,600 financial firms and their subsidiaries have tapped the Federal Reserve's (Fed) emergency lending programme created to support the industry during the regional banking turmoil two years ago.

World 12 Mar 2025 | 09:43 PM

Brazil's February inflation hits 22-year high

RIO DE JANEIRO, March 12 (Xinhua) -- Brazil's inflation in February was the highest for that month since 2003, reaching 1.31 percent, surpassing January's 0.16 percent and the 0.83 percent recorded in February last year, the state-run Brazilian Institute of Geography and Statistics (IBGE) said Wednesday.

Corporate News 6 Mar 2025 | 11:00 PM

Shopee parent Sea posts second year of profitability

Internet company Sea reported profits for a second consecutive year in 2024, buoyed by growth in its eCommerce and financial technology units.

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