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KUALA LUMPUR: AmInvestment Research is maintaining its overweight call on the oil and gas sector with Yinson, Petronas Gas, Dialog and Serba Dinamik among its top picks as crude oil has stabilised.
KUALA LUMPUR (Bernama) -- Petronas posts net loss of RM3.4 billion for the third quarter (Q3) ended Sept 30, 2020 as compared to net profit of RM7.4 billion in the same quarter last year, due to lower earnings before interest, taxes, depreciation, and amortisation (EBITDA).
KUALA LUMPUR: Axiata Group Bhd posted an earnings recovery in the third quarter ended Sept 30, 2020, as the operating environment improved on the back of easing lockdown measures.
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on IHH Healthcare with an unchanged fair value of RM6.25 a share.
KUALA LUMPUR: Kenanga Research expects the recent strong price rebound to have priced in the earnings recovery and is unlikely to continue in the final quarter of the year.
PETALING JAYA: Genting Bhd saw its revenue improve to RM3.3bil for the third quarter ended Sept 30,2020 (Q3), compared with RM1.11bil in the second quarter of the year.
Polish e-commerce platform Allegro is planning to pilot its own delivery lockers, its chief financial officer said on Nov 26, after reporting third-quarter results and raising its full year profit guidance.
KUALA LUMPUR: The long-term outlook for Leong Hup Industries Bhd (LHI) is positive due to the stable demand of chicken, the group’s efforts in developing its downstream business, according to analysts
KUALA LUMPUR: TDM Bhd posted a net profit of RM21.75mil in the third quarter ended Sept 30, 2020 as compared to a net loss of RM41.4mil in the previous corresponding quarter on stronger contribution from its plantation division.