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PETALING JAYA: Muhibbah Engineering (M) Bhd’s earnings for the first quarter of financial year 2020 were below analysts’ expectations as net profit plunged 85% year-on-year (y-o-y) to RM5.1mil.
PETALING JAYA: Engtex Bhd has an order book of over RM150mil that provides earnings visibility for the next two financial years.
Hypothetical risks that investors brush aside are becoming a reality
KUALA LUMPUR: Electronics manufacturing services (EMS) provider V.S. Industry Bhd posted net losses of RM19.52mil in the third quarter ended April 30,2020 due to the impact of the movement control order (MCO) but it expects an improvement in the current quarter.
GOLDMAN Sachs expects Asia Pacific’s real estate investment trusts to outperform the broader market on their dividend prospects as economies reopen.
KUALA LUMPUR: Muhibbah Engineering (M) Bhd's valuations are too attractive to ignore despite expectations of even weaker second quarter due to the travel restrictions during the period, says Kenanga research.
GENEVA (Reuters) - Many countries that have been successful in tackling the coronavirus are seeing an increase in cases due to religious or leisure gatherings or in closed quarters like nightclubs and dormitories since relaxing curbs, WHO officials said on Monday.
PETALING JAYA: Hock Seng Lee Bhd’s (HSL) construction revenue is expected to remain stable, backed by its RM2.2bil outstanding orderbook.
Remaining GDV and unbilled sales total RM24.8bil
FRANKFURT: The economic fallout from the coronavirus has battered a sector that never recovered from the global financial crisis more than a decade ago. The focus for the rest of the year is on how banks can handle looming loan losses, whether any will be able to pay dividends, and possible further regulatory relief.