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KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MMHE) net loss in the financial year ended Dec 31, 2020, widened to RM396.81mil as compared to a net loss of RM34.22mil a year ago on the back of an impairment loss on property, plant and equipment and right-of-use assets.
PETALING JAYA: Gadang Holdings Bhd could face challenges in replenishing its orderbook, having been unsuccessful in securing significant construction contracts for a few years.
Many Covid-19 patients still experience symptoms of the disease, long after their infection has resolved.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is seen increasing prudence in spending going forward amid mildly declining balance sheet, earnings, as well as increased dividend payment commitment, according to Kenanga Investment Bank.
KUALA LUMPUR (Bernama) -- Petronas posts net loss of RM3.4 billion for the third quarter (Q3) ended Sept 30, 2020 as compared to net profit of RM7.4 billion in the same quarter last year, due to lower earnings before interest, taxes, depreciation, and amortisation (EBITDA).
KUALA LUMPUR: Sime Darby Property Bhd posted profit before interest and tax (PBIT) of RM92.6mil in the third quarter ended Sept 30,2020 excluding impairments.
KUALA LUMPUR: Land & General Bhd reported stronger financial results in the second quarter ended Sept 30 with pre-tax profit of RM21mil on a revenue of RM51.90mil.
KUALA LUMPUR: Kenanga Investment Bank Research expects Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) to remain on its recovery trajectory due to the heavy losses in 2Q being unlikely to be repeated.