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Corporate News 28 Feb 2019 | 5:45 AM Premium

FGV posts RM1bil net loss in FY18 due to impairments, provisions

KUALA LUMPUR: FGV Holdings Bhd posted net losses of RM1.08bil in the financial year ended Dec 31, 2018 as it was impacted by impairments and provisions of RM1bil.

Corporate News 21 Feb 2019 | 10:40 AM Premium

HSS Engineering Q4 losses after impairment of RM119.4m

KUALA LUMPUR: HSS Engineers Bhd swung into the red in the fourth quarter ended Dec 31, 2018 and also for the financial year after an impairment on goodwill of RM119.4mil in the final quarter.

Corporate News 31 May 2018 | 11:58 AM Premium

Parkson profitable in Q3, boost from China ops

KUALA LUMPUR: Parkson Holdings Bhd posted net profit of RM25.30mil in the third quarter ended March 31, 2018 – a stark contrast from the net loss of RM33.24mil a year ago – boosted by its China operations.

Corporate News 27 Feb 2017 | 3:21 PM Premium

UMW Holdings hit by O&G-related asset impairment, provisions

KUALA LUMPUR: UMW Holdings Bhd, hit by massive operating losses at its listed and non-listed oil & gas (O&G) businesses, had one of its worst-performing years in 2016 with a loss attributable to shareholders of RM1.69bil.

Corporate News 26 Nov 2018 | 12:00 AM Premium

More impairments for Bumi Armada

PETALING JAYA: Bumi Armada Bhd, the oil and gas company controlled by tycoon T. Ananda Krishnan, once again dipped into losses due to impairments.

Business 30 May 2003 | 12:00 AM Premium

News in brief

News in brief on Renong, Guthrie, Malaysian Tobacco, Malaysian Plantations, Hunza, Hock Sin Leong, WWE holdings and Metrojaya.

Corporate News 31 Mar 2017 | 12:00 AM Premium

Yinson profit climbs 2.2% in fourth quarter on higher revenue

PETALING JAYA: Yinson Holdings Bhd’s net profit rose 2.2% to RM51.2mil for its fourth quarter ended Jan 31, 2017 from RM50.1mil previously on higher revenue.

Community 02 Feb 2014 | 12:00 AM Premium

Shipping firm Hubline incurs group net loss in FY2013

KUCHING: Shipping firm Hubline Bhd incurred a group net loss of RM207.7mil for the financial year ended Sept 30 last year (FY2013), due mainly to hefty impairment provisions and scrapping of old vessels.