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KUALA LUMPUR: Frontken Corp Bhd's net profit rose 21.69% to RM24.74mil in the second quarter ended June 30, 2021, from RM20.33mil in the previous comparative quarter due to an increase in contributions from its Taiwan, Malaysia and Singapore subsidiaries.
Stellar showing attributable to rising product prices
MEXICO CITY (Reuters) - Mexico's methane leak rate from oil and gas operations is twice as high as that of the world's top oil producer, the United States, a group of researchers found in a report due to be released this week.
PETALING JAYA: The retail prices of RON95 petrol and diesel will remain unchanged from July 29 to Aug 4 at RM2.05 and RM2.15 per litre, respectively, while RON97 petrol will increase to RM2.74 per litre, up 1 sen from RM2.73 previously.
KUALA LUMPUR: Lotte Chemical Titan Holdings Bhd’s (LCT) net profit jumped 330% to RM382.29mil in the second quarter ended June 30, 2021 from RM88.72mil a year ago boosted by higher product margin spreads.
NEW YORK: Oil prices held steady on Tuesday ahead of the release of U.S. inventory data as investors worried that global demand could be dented by surging COVID-19 cases, even though supplies are tightening and vaccination rates rising.
PETALING JAYA: Stronger-than-expected polymer spread is likely to boost earnings of Lotte Chemical Titan Holding Bhd (LCT) for the second quarter (Q2) of financial year 2021 (FY21).
KUALA LUMPUR: The FBM KLCI closed the day higher on Tuesday but sellers still ruled, in line with the overall sentiment at regional markets.