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PETALING JAYA: Despite the challenging environment, UEM Edgenta Bhd’s regional expansion, technology commercialisation and strategic venture into Covid-19 solutions offerings are expected to help the company mitigate the impact of the pandemic on its earnings.
PETALING JAYA: The property market is starting to see a tapering down in overhang inventory levels, as developers switch to affordable houses
KUALA LUMPUR: Sunway is AmInvestment Research's top pick among the property companies due to its consistent sales performance despite a soft property market.
KUALA LUMPUR: Mah Sing Group Bhd’s healthcare business has got off to a strong start after it secured long-term glove orders which takes up to four glove dipping lines’ production capacity.
Group supports government’s move to boost home ownership
PETALING JAYA: After several consecutive quarters of declining profit on a year-on-year (y-o-y) basis, Gamuda Bhd’s net profit for the third quarter ended April 30, 2021 leapt more than three-fold to RM141.83mil, led by stronger profitability of its construction, property and toll concession businesses.
KUALA LUMPUR: Gamuda Bhd said earnings jumped in the third quarter ended April 30, but expects construction growth to be constrained by the pandemic.
PETALING JAYA: Mah Sing Group Bhd’s pre-tax profit surged 35.1% to RM56.2mil on the back of a revenue of RM413.3mil for the first quarter ended March 31,2021, compared with a pre-tax profit of RM41.6mil and revenue of RM371.1mil in the previous corresponding period.