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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
MyNews Holdings Bhd is poised to record a stronger net profit of RM5mil to RM6mil quarter-on-quarter in the first quarter of financial year 2025 (1Q25), driven by continued recovery across all its business units.
PETALING JAYA: Retail and convenience stores operator MyNews Holdings Bhd is well positioned for earnings growth in the near future, say analysts.
PETALING JAYA: MyNews Holdings Bhd expects stronger sales for the financial year 2025 (FY25) led by improvement in consumer spending, in line with higher civil service salaries and minimum wage increases.
KUALA LUMPUR: MyNews Holdings Bhd expects sales revenue to maintain its upward trajectory, driven by ongoing efforts to expand its businesses and a strong commitment to operational improvement.
KUALA LUMPUR: Mah Sing Group Bhd, Vestland Bhd, Uzma Bhd, Aeon Credit Service (M) Bhd, United Malacca Bhd, Lotus Circular Bhd (LCB), Poh Huat Resources Holdings Bhd, MyNews Holdings Bhd and Binastra Corp Bhd are among the stocks to watch on Friday.
MyNews Holdings Bhd’s earnings are expected to be supported by growth in private consumption and its Maru coffee offerings.
KUALA LUMPUR: Convenience store chain operator MyNews Holdings Bhd is focused on expanding its footprint on the East Coast of the peninsula in the second half (2H24) of this year as part of its growth and return-to-profitability strategies.
KUALA LUMPUR: MyNews Holdings Bhd expects sales revenue to maintain its upward trajectory, driven by ongoing efforts to open new stores and enhance product mix and services.
KUALA LUMPUR: MyNews Holdings Bhd's CU convenience store chain can be expected to continue its turnaround following the consolidation of the CU and Mynews management teams, which has helped to elevate sales and gross profit margin, says RHB Research.
KUALA LUMPUR: Companies that could attract trading interest on Tuesday include Reservoir Link Energy, MyNews, Sapura Energy, Binastra, ICS, Reservoir Link and Porlintas, said Apex Securities Research.
KUALA LUMPUR: The worst is over for MyNews Holdings Bhd, say analysts, as the convenience retail chain operator is expected to see improved results from its business units while forging ahead with a 100-outlet expansion plan in FY24.
PETALING JAYA: Analysts are positive about MyNews Holdings Bhd’s prospects on expectations that the group will continue to deliver strong earnings.
PETALING JAYA: MyNews Holdings Bhd is optimistic that the worst is behind it and anticipates a sustained improvement in performance.
MyNews Holdings Bhd’s operating outlook will be driven by increased in-store sales from better product offerings and higher store footfall, as well as the expected turnaround in its consumer unit (CU) brand of convenience stores and food processing centre (FPC).
KUALA LUMPUR: Kumpulan Jetson Bhd, Protasco Bhd, MyNews Holdings Bhd, MCE Holdings Bhd, SMIS Corp Bhd, Epicon Bhd, PT Resources Holdings Bhd, AEON Credit Service (M) Bhd and Foundpac Group Bhd are among the stocks to watch on Friday.
MYNEWS Holdings Bhd seems to be getting on a better footing.
KUALA LUMPUR: Apex Securities expects Ecoscience International Bhd, MyNews Holdings Bhd, Poh Kong Holdings Bhd, VS Industry Bhd and AEON Credit Service (M) Bhd to be among the stocks to watch on Wednesday.
MyNews Holdings Bhd, which has been in the red since financial year ended Oct 31, 2020 (FY20), has bright prospects ahead, says Maybank Investment Bank (IB) Research, which expects the convenience store operator to return to the black in FY23.
KUALA LUMPUR: Stocks to watch for on Thursday include MR DIY Group (M) Bhd, Sapura Energy, MyNews, Crescendo, PTT Synergy, said Apex Research.
