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Business 03 Jun 2009 | 12:00 AM Premium

Formis Resources returns to the black

PETALING JAYA: Information technology (IT) services provider Formis Resources Bhd has turned around with a net profit of RM9.19mil for the financial year ended March 31, 2009 (FY09) compared with a net loss of RM1.97mil in FY08.

Business 29 Aug 2009 | 12:00 AM Premium

Ranhill returns to the black

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.'

Business 19 Feb 2010 | 12:00 AM Premium

Bernas returns to the black in 4Q

PETALING JAYA: Padiberas Nasional Bhd (Bernas) recorded a net profit of RM28.78mil for the fourth quarter ended Dec 31 compared with a net loss of RM39.93mil in the previous corresponding period due to higher sales and better margins.

Business 22 Apr 2010 | 12:00 AM Premium

CIMB Thai returns to the black

PETALING JAYA: CIMB Thai Bank pcl recorded a net profit of 348 million baht for the first quarter ended March 31 compared with a net loss of 257 million baht for the previous corresponding period, helped by better balance sheet management.

Business 19 May 2010 | 12:00 AM Premium

MUFG returns to the black

TOKYO: Mitsubishi UFJ Financial Group, Japan#8217;s largest bank by assets, returned to profit in the latest quarter due to the absence of big losses on its stock portfolio but its growth forecast for this year is below market expectations.

Business 22 Jun 2010 | 12:00 AM Premium

Padiberas board discussed but did not hesitate to support private initiative

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.

Business 04 Nov 2010 | 12:00 AM Premium

Yeo Hiap Seng returns to the black

KUALA LUMPUR: Yeo Hiap Seng (M) Bhd returned to the black with a pre-tax profit of RM5.71mil for the third-quarter ended Sept 30 from a pre-tax loss of RM1.1mil a year ago.

Business 30 Dec 2010 | 12:00 AM Premium

JAKS returns to the black

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.

Business 10 May 2011 | 12:00 AM Premium

MSC returns to the black

PETALING JAYA: Malaysia Smelting Corp Bhd (MSC) returned to the black with a net profit of RM28.27mil on revenue of RM737.87mil for the first quarter ended March 31, 2011.

Business 24 Feb 2012 | 12:00 AM Premium

IFCA returns to the black on higher sales

PETALING JAYA: IFCA MSC Bhd returned to the black with a net profit of RM340,000 for its fourth quarter from a net loss of RM2.42mil a year earlier due to higher business solution sales.