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KUALA LUMPUR: The FBM KLCI broke below the psychologically 1,500-point mark on Wednesday as the country’s political uncertainty drags on, amid announcement by Interim Prime Minister Tun Dr Mahathir Mohamad to put aside all politics and concentrate on resolving country’s economic issues.
KUALA LUMPUR: Hong Leong Bank posted much improved financial results in the second quarter ended Dec 31,2019 as net profit rose to RM701.81mil, boosted by higher net interest income.
KUALA LUMPUR: The double whammy of political uncertainties after the collapse of the Pakatan Harapan government and the Covid-19 threat saw Bursa Malaysia notching losses in early Wednesday trade.
KUALA LUMPUR: Consumer stocks topped the losers' list on Bursa Malaysia in early trade on Wednesday.
PETALING JAYA: MMC Corp Bhd saw its financial performance deteriorating with net profit for the fourth quarter ended Dec 31,2019 falling to RM68.09mil from RM119.72mil in the same quarter a year ago.
PETALING JAYA: Petronas Dagangan Bhd (PetDag) registered a 171.2% increase in net profit to RM126.59mil for the fourth quarter of its financial year ended Dec 31,2019 (FY19), as compared to the corresponding quarter last year
PETALING JAYA: Sunway Bhd saw its net profit for the fourth quarter ended Dec 31,2019 rise 10.52% year-on-year to RM200.31mil.Revenue for the quarter was slightly lower at RM1.35bil from RM1.45bil in the same quarter a year ago.
PETALING JAYA: IJM Corp Bhd posted a 47% year-on-year decline in net profit to RM49.77mil for the third quarter of the financial year ending March 31,2020 (FY20).
PETALING JAYA: MSM Malaysia Holdings Bhd chairman Datuk Wira Azhar Abdul Hamid is to step down on May 31.