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KUALA LUMPUR: Dayang Enterprise Holdings Bhd, an oil and gas services company, says its revenue and earnings tumbled in the last quarter as the Covid-19 pandemic resulted in slower work orders and higher operating cost.
KUALA LUMPUR: Dayang Enterprise Holdings Bhd, an oil and gas services company, said its revenue and earnings tumbled in the last quarter as the Covid-19 pandemic resulted in slower work orders and higher operating cost.
Much depends on the unveiling of the 12th Malaysia Plan
KUALA LUMPUR: AmInvestment Bank Research remains pessimistic over the earnings outlook of the local construction sector as it believes the government will be unlikely to roll out new public infrastrcuture projects over the short term.
Bullish outlook for the sector but more clarity needed in 12MP
BARBER shops and salons that raised prices to an unreasonable level after reopening have been ordered to justify their new prices to the Domestic Trade and Consumer Affairs Ministry (KPDNHEP).
PETALING JAYA: DRB-Hicom Bhd is slated to record better earnings this year, on the back of stronger sales volume from its subsidiary, Proton Holdings Bhd.
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its reduce call on Muhibbah Engineering with a lower target price after announcing a disappointing set of financial results for FY19.
KUALA LUMPUR: DRB-Hicom stands to benefit from Proton’s earnings growth in 2020F and potential Shah Alam land monetisation following Proton’s relocation, CGS-CIMB Equities Research said.
KUALA LUMPUR: AmInvestment Research is retaining its Hold call with a lower fair value on Bursa Malaysia of RM6.05 from RM6.15.