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PETALING JAYA: Numbers forecast operators (NFOs), who restarted their operations in mid-June, saw their sales recover to about 80%-85% of pre-movement control order (MCO) levels by the end of August.
DUBAI: State-run Abu Dhabi National Oil Company (Adnoc) has completed a placement to institutional investors of 10% in its subsidiary Adnoc Distribution’s total share capital, or 1.25 billion shares, valued at US$1bil.
BEIJING: China's industrial output growth accelerated in August, while retail sales expanded for the first time this year, suggesting the economic recovery is gathering pace as demand starts to improve more broadly from the coronavirus crisis.
More must be done for health and sustainability
KUALA LUMPUR: Daibochi Bhd posted its highest-ever net profit of RM47.7mil in its financial year ended July 31, 2020, on the back of revenue of RM619.3mil owing to resilient demand for flexible plastic packaging (FPP) in the food and beverage and fast-moving-consumer-goods sectors.
MELAKA: Daibochi Bhd posted its highest-ever net profit of RM47.7mil for the financial year ended July 31,2020 (FY20) on the back of RM619.3mil in revenue.
WELLINGTON: New Zealand fell into its deepest economic slump on record in the second quarter as its battle against the coronavirus pandemic paralysed business activity, official data showed.
KUALA LUMPUR: MIDF Research is revising higher its earnings estimates for Daibochi Bhd as it takes into account the resilient demand for flexible plastic packaging from the group's customers coupled with the expected increase in production capacity.