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Business 29 Apr 2019 | 4:54 AM

Public Bank records higher net profit of RM1.41b in Q1 FY19

KUALA LUMPUR: Public Bank Bhd posted slightly higher net profit in the first quarter ended March 31, 2019 mainly due to lower loan impairment allowance and higher investment income when compared with a year ago.

Business 30 Apr 2019 | 12:00 AM

Public Bank Q1 net profit slightly higher at RM1.41bil

PETALING JAYA: Public Bank Bhd’s net profit for the first quarter ended March 31, 2019 (1Q19) came in slightly higher at RM1.41bil from the RM1.405bil reported in the same period a year ago.

Business 15 May 2019 | 6:26 AM

MBSB posts lower net profit in Q1 on higher expected credit losses

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) posted lower net profit of RM83.83mil in the first quarter ended March 31, 2019 due to higher expected credit losses (ECL).

Business 09 May 2019 | 7:31 AM

Emirates Group profit slumps 44% on higher oil and forex moves

DUBAI: Emirates Group, which operates the world’s biggest long-haul airline, posted a 44 percent decline in full-year profit, hurt by higher oil prices and currency fluctuations.

Business 08 May 2019 | 12:00 AM

BAT not affected by higher tobacco imports

PETALING JAYA: The higher tobacco imports is not expected to have much impact on British American Tobacco (M) Bhd’s (BAT) bottom line, said CGS-CIMB.

Business 30 Apr 2019 | 12:00 AM

Maybank Indonesia Q1 operating profit higher

PETALING JAYA: Improvement in net interest income drove PT Bank Maybank Indonesia Tbk’s operating profit higher for the first quarter ended March 31, 2019.

Corporate News 11 Feb 2019 | 12:00 AM

Hubline to add new vessels in anticipation of higher demand

Company expects higher demand for tugboat and barge services

Analyst Reports 26 Apr 2018 | 12:15 AM

Winners and losers from higher oil prices by CIMB Research

KUALA LUMPUR: CIMB Equities Research believes that a rising oil price trend will be positive for all oil and gas stocks, either directly via exposure to higher selling prices of crude oil and oil products.

Corporate News 28 Jul 2017 | 12:06 AM

Tenaga Nasional hit by higher tax rate

KUALA LUMPUR: Tenaga Nasional’s core net profit for the nine months ended May 31, 2017 was slightly below expectation at 73% of CIMB Equities Research’s full year and 71% of consensus due to higher-than-expected effective tax rate in 3QFY17.

Corporate News 15 May 2017 | 5:31 AM

Petronas Chemicals Q1 earnings surge on higher prices

KUALA LUMPUR: Petronas Chemicals Group Bhd reported a jump in its earnings and revenue for the first quarter ended March 31, 2017 boosted by higher prices, sales and a stronger US dollar.