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KUALA LUMPUR: CGS-CIMB is negative on British American Tobacco Bhd’s (BAT) decision to raise its selling prices by 50 sen per pack post SST, as it expects a negative impact on sales volume.
KUALA LUMPUR: CGS-CIMB Research expects Selangor Properties Bhd’s main revenue generator – property investment – to remain stable and continue to contribute positively in 2018.
INTERNET management services provider MyEG’s net cash level is expected to drop from RM36.8mil to RM1.4mil after the group’s acquisition of 45-sq-ft commercial space at the podium level below MyEG Tower at Empire City for RM35.4mil cash.
IT has undoubtedly been a challenging year for the Malaysian palm oil industry.
PETALING JAYA: Malaysian palm oil stocks rose to an eight-month high at the end of September, increasing 1.4% month-on-month to 2.54mil tonnes, and placing further pressure on crude palm oil (CPO) prices.
ANALYSTS expect Petronas Dagangan to generate stable operating margins in the coming years, with growing sales volume, post-implementation of effective inventory controls
MAXIS’ third quarter of 2018 was largely in line with analysts’ consensus, with a 4% increase in earnings before interest, tax, depreciation and amortisation (EBITDA) quarter-on-quarter (q-o-q) on the back of higher service revenue and lower operating expenditure.