KUALA LUMPUR: Companies that recently made headlines include Sime Darby Property
, IOI, Telekom, Mi Tech, Greatech, Malakoff, Matrix, Sports Toto and SAM, said Apex Securities Research.
Sime Darby Property Bhd’s net profit for the fourth quarter ended Dec 31, 2023 (4QFY2023) rose 27.25% to RM131.26 million from RM103.15 million a year earlier.
IOI Corp Bhd’s net profit for the second quarter ended Dec 31, 2023 (2QFY2024) shrank 52.9% year-on-year to RM335.4 million from RM712.1 million.
Telekom Malaysia saw its net profit more than double in 4QFY2023 to RM433.53 million from RM160.18 million a year ago thanks to tax credits and higher data revenue as well as lower costs.
MI Technovation Bhd’s net profit for 4QFY2023 declined 30.36% to RM11.92 million, from RM 17.11 million a year earlier, mainly on lower utilisation rate.
Aeon Co (M) Bhd’s net profit rose 31% to RM32.58 million in 4QFY2023 from RM24.91 million a year earlier, thanks to higher occupancy rate, rental renewals and cost control.
Greatech Technology Bhd’s net profit climbed 12.8% to RM41.55 million for 4QFY2023 from RM36.82 million.
Malakoff Corp Bhd turned to a net loss of RM357.1 million in 4QFY2023 from a net profit of RM41.9 million last year.
Matrix Concepts Holdings Bhd’s net profit logged a 5.27% rise in its third quarter ended Dec 31, 2023 (3QFY2024) to RM57.24 million from RM54.37 million a year earlier.
Sports Toto Bhd’s net profit shrank 63% to RM24.22 million in 2QFY2024 from RM64.86 million in 2QFY2023.
Sam Engineering & Equipment (M) Bhd posted a 52.81% increase in its net profit for 3QFY2024 to RM29.32 million.
