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GENTING Bhd and Resorts World Bhd reported huge increases in profit for 2002 financial year from a year ago, but saw profit in the fourth quarter dragged down by losses from Star Cruises Ltd and write-down of investment and assets.
LANGKAWI Lagoon Resort will be expanding its facilities to offer more five-star amenities, including a spa and retail shops over the sea, to position itself as the premier resort in Langkawi.
KFC HOLDINGS (Malaysia) Bhd made a net profit of RM61.35 million for financial year ended Dec 31 2002 on the back of a RM1.25 billion turnover.
Festive seasons are a key time for shoppers and retailers, but the response to Hari Raya and Chinese New Year sales this year has been underwhelming compared with previous years.
PETALING JAYA: While the FTSE Bursa Malaysia KLCI (FBM KLCI) may be heading north, volumes have been thin, indicating interest in the market is subdued.