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Public Bank posts RM336m Q1 profit

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.

Explosives maker posts 21% jump in H1 profit

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.

Adex posts 6% Q1 growth

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.

GSK posts 17% rise in quarterly earnings

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 posts net loss again

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 posts higher profit

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.

Nissan posts 51% profit rise

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).

Nokia posts lower but still solid first-quarter profit

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.

Chartered posts first-quarter net loss but upbeat about Q2

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 posts US$915mil Q1 earnings

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.