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GLOVE maker Kossan Rubber Industries Bhd made a net profit of RM1.01bil in the first quarter ended March 31, its best quarterly results so far, backed by higher sales volume and surging prices.
Company to prioritise on product mix, store expansion
PETALING JAYA: MSM Malaysia Holdings Bhd has reiterated that the two-month suspension of its Johor sugar refinery will not affect its earnings for the financial year ending Dec 31,2021 (FY21).
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives may see volatile trading next week, ahead of the release of production, stocks and exports data.
PETALING JAYA: Rubber glove stocks saw a strong upward surge on price and accompanying volumes, topping the gainers and volume list as bargain hunting crept in after the market started the month of April on a sombre note.
KUALA LUMPUR: Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars.
PETALING JAYA: Although the opening of CU outlets by MyNews Holdings Bhd is positive for the group’s earnings growth, weak footfall of stores coupled with low food processing centre (FPC) utilisation rates pose risks in the near-term.