KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Gamuda Bhd
has secured two major engineering, procurement and construction contracts in Australia worth a combined A$1.1bn (RM3.1bn) for the development of the Smoky Creek and Guthrie's Gap Solar Power Stations.
Coastal Contracts Bhd has secured a contract with Petroleos Mexicanos for the design, engineering, transport, installation, interconnection, commissioning, testing and startup of the permanent primary infrastructure of the second Perdiz Plant at the Ixachi Field, Mexico, worth RM367.1mn.
Petron Malaysia Refining and Marketing Bhd has started limited and intermittent refinery operations at its refinery in Port Dickson, Negeri Sembilan, to process existing in-tank crude inventories.
Duopharma Biotech Bhd is seeking alternative sources of inputs to reduce concentration risks amid ongoing supply chain disruptions linked to the Iran war.
Ni Hsin Group Bhd's wholly owned subsidiary, Ni Hsin EV Tech Sdn Bhd has signed the Motorcycle Completely Knocked Down Assembly Cooperation Agreement with Chongqing Qiulong Technology Co Ltd to assemble and sell the SURRON brand of electric off-road motorcycle in Malaysia.
Asteel Group Bhd has accepted a letter of award from Leong Siew Weng Metal Hub Sdn Bhd for the supply and installation of external facade, roofing and siphonic drainage system at the Vantage DTC KUL22 project, Selangor, worth RM13.7mn.
Scanwolf Corp Bhd has accepted a contract from Ipmuda Construction and Engineering Sdn Bhd for works to a Semi-D factory in Hulu Langat, Selangor worth RM11.5mn.
Genting Bhd's net profit for 1QFY26, jumped to RM101.1mn from RM4.6mn in the same quarter a year ago.
Petronas Chemicals Group Bhd swung to a net profit of RM401.0mn in 1QFY26 after four straight quarters in the red as cheaper inputs and lower expenses offset lower revenue.
Telekom Malaysia Bhd posted a 19% lower net profit to RM321.5mn for 1QFY26 from RM401.3mn a year ago, weighed down by a one-off RM127.3mn adjustment linked to unutilised prepaid 5G capacity under its current access agreement.
KPJ Healthcare Bhd net profit for 1QFY26, rose to RM69.6mn from RM57.1mn in the same quarter a year ago, largely driven by a higher number of patient visits and surgeries performed during the current financial period.
Kossan Rubber Industries Bhd posted a higher net profit of RM39.5mn (+10.9% YoY) for 1QFY26 despite lower revenue.
MNRB Holdings Bhd's net profit rose to RM545.4mn for FY26 from RM394.3mn in the preceding year, driven by improved performance across its key business segments, namely General Takaful, Family Takaful and Retakaful.
TH Plantations Bhd's net profit eased by 9.5% to RM11.6mn in 1QFY26 compared with RM12.8mn in the same period last year.
Dagang Nexchange Bhd returned to profitability in 1QFY26 with a net profit of RM12.8mn from a net loss of RM79.0mn a year ago, driven by stronger operating performance across its core business segments.
DRB-Hicom Bhd's net profit more than doubled to RM45.0mn in 1QFY26 from RM17.7mn a year earlier, driven by stronger contributions from its mobility, postal and banking segments, underpinned by higher sales and improved cost efficiency.
7-Eleven Malaysia Holdings Bhd's 1QFY26 net profit more than halved to RM4.7mn from RM10.6mn a year ago, as it incurred higher costs due to business expansion that offset the revenue growth seen from its new store openings.
