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Top Glove Corp Bhd expects revenue to touch RM900mil for the year ending Aug 31, 2006, from RM641.8mil a year earlier. This would be achieved on the back of the group's aggressive expansion plans, said executive chairman and chief executive officer Datuk Lim Wee Chai.
Malayan Banking Bhd (Maybank) reported a drop in its fourth quarter net profit as a result of writing down long-standing non-performing loans but declared a huge final dividend of 60 sen a share that, together with its interim payouts, exceeded the bank's net profit for the whole year.
China Mobile (Hong Kong) Ltd, the world's largest mobile phone company by users, reported a 36% jump in second-quarter profit as discounts attracted subscribers in rural areas. Its shares had their biggest gain in almost three years.
SHARES in Berjaya Sports Toto Bhd (BToto) gained 14 sen to RM4.52 yesterday on brisk volume after several research houses released positive reports on the proposed sale of BToto shares by Berjaya Land Bhd (BLand) to Intan Utilities Bhd (Intan).