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But analysts see them making a loss this year
KUALA LUMPUR: Business volumes in the aviation and port sectors are expected to see an improvement in the second half of the year but may not return to pre-Covid-19 levels even next year, says Affin Hwang Capital research.
PETALING JAYA: If there would be another beneficiary of the coronavirus (Covid-19) pandemic apart from rubber glove manufacturers and healthcare companies, it has to be courier companies.
THE surge in deliveries via its digital platform has helped GD Express (GDex) regain some business that was lost from its biggest contributor, which are the hotel, leisure and retail sectors
PETALING JAYA: GD Express Carrier Bhd’s (GDex) earnings dropped 96% to RM210,000 for the third quarter (Q3) ended March 31,2020, from RM5.4mil in the corresponding quarter last year due to disruption from the Movement Control Order (MCO).
It may seem that logistics companies are enjoying a brisk spike in business during the movement control order (MCO) period, particularly those involved in last mile delivery - but that does not seem to be the case.
KUALA LUMPUR: JF Apex Research expects Rohas Tecnic Bhd, Ranhill Holdings Bhd and Paramount Corp Bhd to be among the stocks to watch on Friday.
PETALING JAYA: CJ Century Logistics Holdings Bhd’s (CJ Century) proposed merger with sister company CJ Korea Express Malaysia Sdn Bhd (CJKX) will be immediately earnings per share (EPS) accretive.