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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.
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.
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).
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.
Company expects higher demand for tugboat and barge services
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.
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.