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PETALING JAYA: Sunway Malls, which operates seven malls across the Klang Valley, Penang and Johor, continues to see healthy demand for its retail space with the opening of 200 new shops across its malls despite the weak market condition arising from the Covid-19 pandemic.
PETALING JAYA: Sime Darby Property Bhd (SDP), which is confident of exceeding its revised annual sales target of RM1.4bil this year, achieved a revenue of RM592.63mil for its third quarter ended Sept 30, compared with RM850.03mil in the previous corresponding period.
KUALA LUMPUR: Tenaga Nasional Bhd's (TNB) net profit for the third quarter ended Sept 30, 2020 came to RM1.01bil, a 16.07% drop from RM1.2bil in the previous corresponding quarter due to higher finance cost, which was cushioned by forex gain and a non-cash fair value gain.
KUALA LUMPUR: Total initial public offering (IPO) activity across Southeast Asia as of mid-November this year bucked the overall downward trend to inch up to pre-COVID-19 levels, with US$6.44 billion (US$1=RM4.09) in funds raised from 100 IPOs.
KUALA LUMPUR: YTL Power International Bhd, the utility subsidiary of the YTL Corp Bhd, registered improved earnings in the first quarter ended Sept 30 despite a decline in sales.
KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) net profit for the third quarter ended Sept 30, came to RM1.01bil, a 16.07% drop from RM1.2bil in the previous corresponding quarter due to higher finance cost, which was cushioned by foreign exchange gain and a non-cash fair value gain.
KUALA LUMPUR: Alliance Bank Malaysia Bhd posted net profit of RM103.99mil in its second quarter ended Sept 30,2020 compared with RM115.52mil a year ago mainly due to prudent higher reserves.
KUALA LUMPUR: CIMB Group Holdings Bhd recorded a pre-tax profit of RM454mil in the third quarter ended Sept 30,2020, up 132% from the immediate preceding quarter on higher operating income across nearly all its segments.CIMB's 3Q pre-tax profit improves sequentially on higher operating income