Flat core net profit seen for TM in 1Q

Spike in raw material price may impact profits

PETALING JAYA: Malaysian corporates are likely to post a slowdown in corporate earnings growth this year as inflationary pressures, the spike in raw material prices and the Russia-Ukraine war impact profitability.

Rising raw material prices to affect Hartalega

PETALING JAYA: The worst is not over for Hartalega Holdings Bhd as soaring raw material costs and uncertainty of the rubber gloves selling prices may impact its margins this year.

Bursa remains mildly optimistic

KUALA LUMPUR: Bursa Malaysia maintained a cautious upward momentum ahead of corporate earnings results later this month as investor picked up bargains in hopes of positive surprises.

Hartalega 4Q earnings hit by prosperity tax

Banks’ earnings growth poised to sustain

Nestle’s 1Q net profit rises 17% to RM205.18mil

KUALA LUMPUR: Nestle (M) Bhd’s net profit rose 17.14% to RM205.18mil in the first quarter ended March 31, compared with RM175.16mil in the same period a year ago.

Strong earnings rebound seen for RHB Bank

Astro to gain from tighter content piracy rules

KUALA LUMPUR: Astro Malaysia Holdings Bhd is set to benefit greatly from the passing of the Copyright (Amendment) Act 2022, as it allows the pay-TV operator to address piracy and take action against sellers of illegal streaming devices.

Moody’s optimistic on country’s GDP

PETALING JAYA: While Moody’s Investors Service has forecast an economic growth of 6% for Malaysia in 2022, there remain downside risks from the Russia-Ukraine war, high inflation, new Covid-19 variants as well as lockdowns in China.