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KUALA LUMPUR: Aeon Credit Service (M) Bhd’s net profit fell 79.4% to RM23.38mil in the fourth quarter ended Feb 28 from RM113.71mil a year ago.
KUALA LUMPUR: The reopening of international borders and relaxation of SOPs will further facilitate a normalisation in Sunway Real Estate Investment Trust's (SunREIT) income over the coming quarters, says AmInvestment Bank Research.
KUALA LUMPUR: IOI Properties Bhd's profit in the second quarter ended Dec 31, 2018 was boosted by property development in China and higher share of profit in joint ventures arising from the sale of South Beach Residences in Singapore and foreign currency translation gain.
KUALA LUMPUR: Globetronics Technology Bhd's net profit for the financial year ended Dec 31, 2018 rose at a stronger pace despite a decline in the fourth quarter due to lower volume loadings of certain products especially in December 2018 from certain customers.
PETALING JAYA: The weak third quarter corporate earnings surprised many brokers for the missed estimates and signalled a step back in the earnings growth of the companies in the FBM KLCI this year. The poor showing by corporate Malaysia in the third quarter has prompted many research houses to trim their targets and outlook for earnings as they take a cautious stance for 2019.
KUALA LUMPUR: Aeon Credit Service (M) Bhd has declared a higher interim dividend payout after net profit in the second quarter ended Aug 31 jumped 13% to RM80.6mil on higher transactions and financing volume.