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THE Public Bank Group has reported an improvement in pre-tax profit to RM336mil for the 1st quarter ended March 31, 2003, from RM330mil in the corresponding period last year.
Orica Ltd, the world's largest explosives maker, reported a better-than-expected 21% rise in first-half profits before one-off items yesterday, helped by good paint demand, its Fernz chemicals acquisition and cost cuts.
MALAYSIA#039;S advertising expenditure (adex) has registered a 6% year-on-year (YoY) growth in the first quarter of this year to RM782.3mil.
Strong sales of some of GlaxoSmithKline plc#8217;s (GSK) newest drugs have led to 17% growth in its first-quarter net income, despite generic competition to its former best-seller, the pharmaceutical group reported.
Matsushita Electric Industrial Co, maker of I>Panasonic/Ielectronics, reported a net loss yesterday for a second year due to losses on shareholdings and tax changes but, unlike rival Sony Corp, it forecast rising operating profits.
JAYA Jusco Stores Bhd has registered a higher group pre-tax profit of RM90.8mil for the financial year ended Feb 28, 2003, compared with RM80.3mil a year earlier.
B>TOKYO:/BNissan Motor Co, Japan's third largest carmaker, reported a 51% rise in annual operating profit yesterday and forecast further growth ahead, powered by product launches in the key US market for minivans and hot-selling sport utility vehicles (SUVs).
B>HELSINKI:/BThe world#8217;s top mobile phone maker Nokia has posted lower first-quarter results but said its cellphones would still spin off enough cash to counter losses at its networks unit.
Singapore contract chipmaker Chartered Semiconductor Manufacturing Ltd reported yesterday another quarterly loss, but said sales looked strong for the next three months, signalling temporary relief for the battered industry.
Intel Corp has reported better-than-expected first-quarter results despite fears that weak flash memory sales would offset strength in its computer microprocessor business.