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PETALING JAYA: Sunway Real Estate Investment Trust (SunREIT) has recorded a 16.19% jump year-on-year (y-o-y) in its net profit for the second quarter ended Dec 31,2019, on the back of a strong growth in net property income (NPI).
KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT) reported a higher revenue in the second quarter ended Dec 31, 2019 on contribution from newly acquired Sunway university and college campus.
KUALA LUMPUR: Duopharma Biotech Bhd (formerly CCM Duopharma Biotech Bhd) posted net profit of RM55.27mil in the financial year ended Dec 31,2019 and was upbeat on its outlook for its pharmaceutical products due to the extension of contract periods by the government.
KUALA LUMPUR: With Malaysia posting its worst economic growth rate since the Global Financial Crisis a decade ago, the outlook for the first quarter of 2020 (1Q20) has turned more cautious amid the worsening coronavirus (Covid-19) outbreak that may further dampen the economy.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black in the fourth quarter of its financial year ended Dec 31,2019 with a net profit of RM9.28mil versus a net loss of RM25.22mil in the previous corresponding quarter.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) returned to the black in the fourth quarter of its financial year ended Dec 31 with a net profit of RM9.28mil versus a net loss of RM25.22mil in the previous corresponding quarter.
Many businesses still unprepared for Section 17A to come into force on June 1
REVIEW: Investors continued to weigh the speed of contagion of the Wuhan virus and its financial impact against the stimulus measures offered by worst-affected China to prop up its economy.
HELSINKI: Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its 2020 profit will be generated in the fourth quarter.