The company yesterday reported a net profit of RM119mil for its 2nd quarter ended Feb 28, taking its total half-year earnings to RM204mil, versus RM162mil a year ago.
Many brokers have called a “buy” on Malakoff for months, given its good prospects, defensive qualities plus the fact that it is currently trading at single digit price earnings.
Shares of Malakoff began trading in board lots of 100 units yesterday.
The company yesterday reported a net profit of RM119mil for its 2nd quarter ended Feb 28, taking its total half-year earnings to RM204mil, versus RM162mil a year ago.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
