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PETALING JAYA: JAKS Resources Bhd is back in the black after posting a net profit RM1.19mil in the fourth quarter ended Oct 31, 2010 versus a net loss of RM3.13mil a year earlier due to recovery in selling prices of various steel related products and better margins.
KUALA LUMPUR: Padiberas Nasional Bhd's (Bernas) RM20mil contribution to the Albukhary International University is for a community project and seen as a noble cause, said chairman Datuk Wira Syed Abdul Jabbar Syed Hassan.
Ranhill Bhd returned to the black in the fourth quarter ended June 30, achieving a net profit of RM222.6mil from a net loss of RM744.3mil in the previous corresponding period due in part to 'transactions arising from the migration exercise of (70%-owned unit) SAJ Holdings Sdn Bhd into the licensing regime under the Water Services Industry Act 2006.'