All hopes on 2021 earnings growth, Bidenomics


WITH the economy contracting at the pace less than the severe 17.1% drop in the preceding quarter, it was no surprise to see corporate Malaysia performing much better in the recently concluded third-quarter (Q3) earnings reporting season.

Although earnings remained weak when compared with the previous Q3 period in 2019, quarter-on-quarter performance was excellent as core earnings rebounded by a staggering 94.7%.

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