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KUALA LUMPUR: Hard disk drive (HDD) parts maker Dufu Technology Bhd said earnings soared 60% in the second quarter boosted by strong volume loading by its customers.
KUALA LUMPUR: Shares of Hartalega Holdings Bhd fell in late afternoon trade on Tuesday despite strong record earnings as investors worried about weaker average selling prices in the second half of this year.
LONDON: BMW raised its profit forecast for 2021 on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
HONG KONG: Asian stocks were mostly negative on Tuesday as the Delta coronavirus variant spread in key markets and Chinese officials took aim at video game producers, once more rattling investor confidence in the mainland's markets.
LONDON: BP increased its dividend and ramped up share buybacks after second-quarter profit rose to $2.8 billion, joining rivals in boosting shareholder returns on the back of higher oil prices and a global recovery from the coronavirus pandemic.
KUALA LUMPUR: Hartalega Holdings Bhd's net profit for the first quarter of its financial year ended June 30, 2021, was a record-high RM2.26bil, a nine-fold increase over RM219.72mil in the previous corresponding quarter.
PETALING JAYA: Worldwide sales of semiconductors rose 29.2% to US$44.5bil in June 2021 against US$34.5bil in June 2020, according to the Semiconductor Industry Association (SIA).
KUALA LUMPUR: Semiconductor and technology-related stocks dominated the gainers’ list on Bursa Malaysia in early trade Tuesday.
BEIJING: Overseas investors have started loading up on Chinese stocks again following the rout last month that pushed the benchmark index to the lowest in nine months.