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PETALING JAYA: IHH Healthcare Bhd has posted a turnaround for its first quarter ended March 31,2021, with net profit at RM375.62mil compared with a net loss of RM319.79mil in the same quarter a year ago on the absence of impairment losses that were recorded a year ago.
KUALA LUMPUR: IHH Healthcare Bhd said the return of local patients to its hospitals, including higher demand for elective treatments, lifted the group's revenue in the first quarter ended March 31.
THE worsening Covid-19 pandemic in the country is taking a toll on the ringgit, as the government tightens movement restrictions to curb the spread of the highly-infectious virus.
KUALA LUMPUR: Advancecon Bhd is gearing up to meet a higher completion target this year, which should further strengthen income visibility, following disappointing first-quarter earnings, says RHB Research.
In a railway arch in south London, pickers and packers are in a race against time: to get fresh food to the door of Alastair Dean within 15 minutes of his order hitting an app.
PETALING JAYA: Analysts are mixed on Allianz Malaysia Bhd’s first quarter (Q1) ended March 31,2021 results which saw a 20% decline in earnings year-on-year (y-o-y) to RM63.26mil.
PETALING JAYA: Bumi Armada Bhd’s valuations at six times the financial year 2021 (FY21) price-to-earnings ratio compared to the FBM KLCI’s 17 times currently may be “unjustified”, given the significant improvement in its core earnings since stabilising Armada Kraken’s operations.
KUALA LUMPUR: Kenanga Research is hopeful of better earnings for MISC Bhd in the second half of its financial year in anticipation of increased global oil production, off the back of a weaker first quarter.