You have searched for "returns to the black"
Showing 41-50 of 127
WHEN the stock market gets red hot, the urge to have news of what companies are doing to improve their business is desired.
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) returned to profit in its latest quarterly report for the first quarter ended March 31.
KUALA LUMPUR: Tasek Corp Bhd swung into the black in the first quarter ended March 31, 2020, with a net profit of RM4.74mil on the back of lower sales rebates and production cost in the cement segment.
PETALING JAYA: Kanger International Bhd reported a net profit of RM4.84mil for the fourth quarter ended Dec 31,2019: a turnaround from a net loss of RM4.54mil reported in the same quarter a year ago.
KUALA LUMPUR: Amidst a weakened domestic property backdrop, Eco World Development Group Bhd has surprised the market with record-high net profit of RM203.42mil for the financial year ending Oct 31,2019 (FY19).
PETALING JAYA: Despite lower revenue, Magnum Bhd has returned to the black with a net profit of RM48mil in the third quarter ended Sept 30, driven by lower net loss of investment holding and other divisions.
PETALING JAYA: Property and tourism company Sanbumi Holdings Bhd, which has been loss-making since 2014, hit a milestone when it turned around for its first quarter to June 30 by recording a net profit of RM1.31mil from a previous loss of RM977,000 in the same quarter of the previous year. It recorded a revenue of RM2.48mil from RM8.04mil previously.
PETALING JAYA: DRB-Hicom Bhd has posted a net profit of RM46.21mil for the first quarter ended June 30,2019 (1Q19) from a net loss of RM66.59 mil a year ago due to improved sales in the automotive sector.
KUALA LUMPUR: Eden Inc Bhd registered a net profit of RM411,000 in first quarter ended March 31, for the first time since the quarter ended June 30, 2016, mainly due to savings in cost of sales of the energy segment, as well as higher income from other segments.