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PETALING JAYA: Regional telecommunications firm Axiata Group Bhd saw a turnaround in the company’s fortunes, posting a net profit of RM239mil for the first quarter ended March 31 from the net loss of RM309mil in the preceding quarter ended Dec 31, 2016.
PETALING JAYA: DRB-Hicom Bhd returned to profitability in its third quarter ended Dec 31, 2016, boosted by the sale of property in Singapore. The conglomerate, however, was still in the red for the nine-month period due to losses in the automotive division.