KUALA LUMPUR: Yinson Holdings Bhd
, Astro Malaysia Holdings Bhd, TCS Group Holdings Bhd, Samaiden Group Bhd, Critical Holdings Bhd, Aizo Group Bhd and Kawan Food Bhd are among the stocks to watch on Tuesday.
Astro’s net profit rose to RM54.7mil despite quarterly revenue declining by 6% year-on-year (YoY) to RM787.3mil due to a reduction in subscription and advertising revenues.
Yinson posted a lower net profit of RM203il during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230mil in the same quarter last year.
TCS Group has secured a RM116.58mil construction contract for the proposed building and related infrastructure works for 561 units of affordable housing for the Setia Bayuemas project.
Samaiden has secured a RM52mil main contract from Legasi Green Power Sdn Bhd to develop a 14-megawatt large-scale solar photovoltaic power plant in Sungai Petani, Kedah.
Critical Holdings has secured an RM82mil contract from a multinational company headquartered in the US for interior work for a 3-storey office building, and a 1-storey production and warehouse at Pasir Gudang, Johor Bahru.
Aizo has secured a contract worth RM14.6mil from Richmont Estate Sdn Bhd to undertake external infrastructure works for a project in Serendah, Selangor.
Kawan Food is closing its manufacturing facility in China due to the impact of US tariffs and limited room for expansion.
Overnight, the Dow Jones Industrial Average rose 0.04% to 42,330.15. The S&P 500 gained 0.42% to 5,762.48 and the Nasdaq Composite advanced 0.38% to 18,189.17.
