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Many companies in the last three months have to conduct heavy promotions, giving big discounts to clear inventory and to improve cashflow. Profit margins are reduced but the cash inflow helps to pay the rent and staff costs. Not all companies have recovered to this level
Firm expected to show better results in Q1
SINGAPORE: Singapore said on Monday it would extend relief programmes on mortgages and loans for individuals and small firms into next year because of the prolonged impact of the coronavirus pandemic.
Analysts believe it is on the cusp of recovery
IN FINANCIAL terms, cashflow is akin to the bloodstream of a human being – as much as a healthy bloodstream is key to a person’s vitality, so is a healthy cash flow to a person’s financial wellbeing.
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on Mah Sing Group with a higher fair value of RM1.50 per share from 99 sen, based on sum-of-parts (SOP) valuation.
KUALA LUMPUR: Digi.com Bhd posted net profit of RM320.75mil in the third quarter ended Sept 30,2020 and declared a dividend of 4.1 sen a share.
WASHINGTON: The worst year for stock dividends in over a decade is upending formerly rock-solid retirement plans all across Asia.
KUALA LUMPUR: The weightage of glove counters in the KLCI may possibly increase to 30% to 40% from 15% currently if Supermax Corp Bhd and Kossan Rubber Industries Bhd are added to the 30-stock index.