Astro’s net profit fell 34.9% to RM118.4mil for the fourth financial quarter ended Jan 31, 2019 (4QFY19) from RM181.79mil a year ago.
VS Industry’s net profit fell 14% to RM37.94mil for the second quarter ended Jan 31, 2019 (2QFY19), from RM44.24mil a year earlier.
Comfort’s net profit for the fourth quarter ended Jan 31, 2019 (4QFY19) almost doubled to RM9.39mil, from RM4.78mil a year ago.
Avancecon is venturing into solar energy while AirAsia is asking Kathmandu's airport to waive RM4.8mil of outstanding fee.
Meanwhile, US markets climbed overnight following easing concerns of a economic slowdown.
Earlier, European stocks advanced after fears of a recession faded.
“Following the positive performance in the US and Europe, the FBM KLCI could stage a rebound with support at 1,625 points,” JF Apex said.
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