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KUALA LUMPUR: Dayang Enterprise Holdings Bhd, an oil and gas services company, said its revenue and earnings tumbled in the last quarter as the Covid-19 pandemic resulted in slower work orders and higher operating cost.
RAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is allocating RM1.2 billion for capital expenditure (capex) this year.
KUALA LUMPUR: The outlook for Kuala Lumpur Kepong Bhd (KLK) remains promising, buoyed by its solid upstream operations and strong crude palm oil (CPO) prices.
KUALA LUMPUR: PublicInvest Research has increased its FY21-23 earnings forecasts on Kuala Lumpur Kepong Bhd (KLK) on the back of better-than-expected performance in the group's manufacturing, property and other non-core businesses.
TOKYO: Japan’s economy expanded more than expected in the fourth quarter, extending the recovery from its worst postwar recession thanks to a rebound in overseas demand that boosted exports and capital spending.
TOKYO, Feb 15 (Reuters): Japan's economy expanded more than expected in the fourth quarter, extending the recovery from its worst postwar recession thanks to a rebound in overseas demand that boosted exports and capital spending.
Stocks may rally further as global demand outstrips supply
KUALA LUMPUR: Top Glove Corporation Bhd, whose corporate credit rating was upgraded following the significant increase in revenue and cashflow, says its priority is investing in and enhancing its business operations from an environmental, social and governance (ESG) perspective.
KUALA LUMPUR: AmInvestment Bank Reseach has maintained its forecasts on Sapura Energy Bhd on expectations that the group's 50%-owned joint venture involving six flexible pipelay support vessels will mantain operations.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has upgraded Top Globe Corporation Bhd’s corporate credit rating following the significant increase in Top Glove’s revenue and cash flow due to the surge in glove sales during the Covid-19 pandemic.