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CEO expects growth momentum to continue in coming quarters
MUMBAI: Retail investors’ frenzy over small stocks in India has reached such extremes that shares of some companies that aren’t booking any sales, let alone profits, are going through the roof.
LAST month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to buy seed and fertiliser as the monsoon sowing season approached
KUALA LUMPUR: Alliance Bank Bhd's net profit climbed 36% to RM104.31mil in the first quarter ended June 30,2020 from RM76.68mil a year ago due to higher other operating income, lower operating expense and lower credit losses.
KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) net profit for the second quarter ended June 30, 2020 more than doubled to RM274.74mil from RM114.18mil due to the absence of impairment losses on fixed network assets last year.
KUALA LUMPUR: BIMB Holdings Bhd's net profit for the second quarter ended June 30, 2020, slipped 21.6% to RM153.03mil from RM195.16mil in the same quarter last year with lower contributions from its banking and takaful businesses.
PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has divested its 100% equity in halal meat-based product manufacturer Primabaguz Sdn Bhd.
JAKARTA: Indonesia's government plans to revamp the financial regulatory structure in a move that will include the central bank taking on the additional tasks of managing economic growth and employment, CNBC Indonesia reported on Wednesday, citing a minister.
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd advises investors to accumulate healthcare, technology sectors for their earnings momentum, and the utilities sector for their defensiveness and dividend yield.