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KUALA LUMPUR: Malaysia’s inflation rate in October fell for the eighth month, down by 1.5% on-year due to lower fuel prices, based on the Statistics Department data.
PETALING JAYA: Malakoff Corp Bhd registered a 46.2% decline in net profit to RM50.8mil in the third quarter ended Sept 30,2020, as compared to RM94.5mil in the corresponding quarter last year.
KUALA LUMPUR: Penang water supply operator PBA Holdings Bhd saw its net profit jump by 82.8% to RM11.30mil in the third quarter ended Sept 30,2020 from RM6.18mil a year ago boosted by an increase in domestic water revenue.
THE Ranhill Group is committed to enriching lives through sustainable solutions in water, wastewater and energy. With proven capabilities as a leading water operator in Johor, Ranhill’s presence in the environment sector also extends to wastewater management in Thailand and China, while in the energy sector, it is the largest Independent Power Producer (IPP) in Sabah through a 21-year power purchase agreement with Sabah Electricity Sdn Bhd for the sale of up to 380 megawatts (MW) electrical generation capacity and electricity production.
PETALING JAYA: Serba Dinamik Holdings Bhd’s net profit rose 30.8% to RM148mil in the third quarter (Q3) ended Sept 30 from RM113.2mil in the corresponding period last year, in tandem with its higher revenue.
FOR an emerging economy like Malaysia, whose landscape is dotted with skyscrapers, industries and commercial entities and with an ever-growing population of urban and rural communities, sustainable water and power are key to developing progressively.
It targets to clinch between 15% and 25% of the projects