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.
Sports Toto’s net profit doubles in 2Q25, remains optimistic for FY25
KUALA LUMPUR: Sports Toto Bhd, which saw its net profit more than double in the second quarter ended Dec 31 (2Q25), remains cautiously optimistic that the group's business will remain steadfast.
TM registers stable nine-month performance
Telekom Malaysia Bhd (TM) will keep up its cost optimisation exercise as earnings before interest and tax (Ebit) improves for the first nine months of 2024 compared to last year, with an aim to deliver optimal return to shareholders.
KLK posts surge in FY21 earnings to RM2.26bil
KUALA LUMPUR: Kuala Lumpur Kepong Bhd's full year net profit for its 2021 financial year surged nearly three times to RM2.26bil from RM772.6mil in the previous year on revenue that jumped 27.7% to RM19.92bil.
VSTECS optimistic about 4Q, expects strong FY24 finish
KUALA LUMPUR: VSTECS Bhd is optimistic about the fourth quarter, driven by the growth potential in the consumer sector and enterprise year-end budget spending.
Bullish outlook for VSTECS
VSTECS Bhd is optimistic about its fourth quarter (4Q24), driven by the growth potential in the consumer sector and year-end enterprise spending.
Vstecs shares jump 10% on profit surge
KUALA LUMPUR: Vstecs Bhd surged more than 10% at the opening bell following a stellar performance in the third quarter of the year.
Bursa Malaysia rises as Bank Negara holds OPR steady amid Trump victory
KUALA LUMPUR: Bursa Malaysia closed higher today, buoyed by increased risk appetite after Bank Negara kept the overnight policy rate (OPR) unchanged at 3%, amid Donald Trump's claimed victory in the U.S. presidential election, which strengthened the US dollar.
Maybank 2Q net profit rises to RM2.53bil, posts full-cash div of 29c/share
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is optimistic of its prospects for the second half of 2024, as it builds on the momentum of a commendable performance in the first half the year.
Experts: Drone usage boosts performance of Malaysian construction sector
The use of drone technology is gaining traction in the construction industry in this country even though it adds to the project costs.
RHB Bank's FY23 net profit rises to RM2.81bil, declares 25c div/share
KUALA LUMPUR: RHB Bank Bhd group managing director and CEO Mohd Rashid Mohamad said the banking industry is expected to remain resilient with robust capital and liquidity positions, as well as conducive monetary policy.
Alliance Bank posts record net profit of RM690.48mil in FY24
KUALA LUMPUR: Alliance Bank Malaysia Bhd's financial year was marked by record high bottomline and revenue as the bank continued to grow its business with improvements in both net interest income (NII) and non-interest income (NOII).
Worrying start for workers’ safety
PETALING JAYA: There is an alarming number of non-work-related accidents recorded in the first month of this year with 177 cases, according to the Social Security Organisation (PERKESO).
PERKESO disbursed RM5.82bil in benefits last year, says Sim
KUALA LUMPUR: The Social Security Organisation (PERKESO) disbursed RM5.82bil in benefits to 871,949 recipients last year, said Human Resources Minister Steven Sim Chee Keong.
Foreign funds continue to exit Bursa
Foreign funds continued to exit Bursa Malaysia for the seventh consecutive month in March, according to Maybank Investment Bank (IB) Research.
RHB records net profit of RM761.67mil in 1Q
KUALA LUMPUR: Kicking off 2023 with a positive set of quarterly earnings, RHB Bank Bhd said building a strong service culture will be one of its key priorities under its TWP24 three-year strategy.
Pictet fund bets on Asia chip heavyweights
An emerging markets (EM) equity fund that’s beating 98% of its peers is betting on Asia’s chipmakers, even as they struggle with slumping demand and excess inventory.
Hartalega’s 4Q net profit surges to RM1.12b, dividend 17.7c a share
Glove manufacturer Hartalega Holdings Bhd’s net profit surged to RM1.12bil in the fourth quarter ended March 31,2021 and jumped to RM2.88bil for the financial year as demand increased tremendously due to the impact of the global Covid-19 pandemic.
KPJ Healthcare reports over 3-fold profit jump in 4Q
KUALA LUMPUR: KPJ Healthcare Bhd is optimistic about the outlook of the healthcare industry as it moves beyond the pandemic phase in 2023.
Quick take: KLK rises on earnings beat
KUALA LUMPUR: Shares in Kuala Lumpur Kepong rose in early trade Wednesday after it reported better-than-expected fourth quarter results.
