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KUALA LUMPUR: Genting Malaysia Bhd's core net loss in FY21 is expected to widen following the third closure of Resorts World Genting amid renewed lockdown measures, although a recovery in FY22 is projected to remain intact.
SINGAPORE: Hotels may have experienced a boost during the December break thanks to the tourism vouchers and the school holidays, but they continue to face an uphill struggle this year without international travellers.
PETALING JAYA: Berjaya Food Bhd (BFood) reported a net profit of RM8.01mil in its second quarter ended Dec 31,2019, on revenue of RM184.12mil.
PETALING JAYA: Retail Group Malaysia (RGM) is revising upwards its 2019 growth forecast for the country’s retail sales to 4.9% from 4.5% previously, following the better-than-expected growth rate in the first quarter and a pick-up in the second quarter.
PETALING JAYA: Berjaya Food Bhd (BFood) has registered a 188% jump in its net profit to RM8.98mil for the third quarter ended Jan 31 on the back of higher profit contributions from its Starbucks operations and improved performance of Kenny Rogers Roasters in Malaysia.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects an increase of nearly 16 per cent in passenger movement to pass through both terminals of KLIA Main and klia2 during the super peak period from now till Feb 13, 2019.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects the passenger movement at the Kuala Lumpur International Airport's (KLIA) main terminal and klia2 to surge by 12 per cent and 21 per cent, respectively, this month, which is considered a super-peak travel period.