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Worst is over for Hiap Teck
Group banks on Budget 2021 development expenditure, rising steel prices and new plant
Public Bank shows strong earnings growth
KUALA LUMPUR: Public Bank Bhd recorded strong sequential earnings growth in the third quarter ended September of RM1.39bil and an improvement from a year ago, boosted by higher income from investments, stock broking, fund management and Islamic banking.
Plantation sector earnings on the upside
PLANTATION earnings have generally surprised on the upside in the third quarter, thanks in part to higher crude palm oil (CPO) prices.
CIMB records RM454mil pre-tax profit
KUALA LUMPUR: CIMB Group Holdings Bhd recorded a pre-tax profit of RM454mil in the third quarter ended Sept 30, up 132% from the immediate preceding quarter on higher operating income across nearly all its segments.
Maybank income retreats in third quarter
KUALA LUMPUR: Malayan Banking Bhd’s net profit fell by 2.3% to RM1.95bil in the third quarter ended Sept 30 from RM1.99bil a year ago due to the continued impact from the Covid-19 pandemic.
Petronas posts RM3.4bil net loss in Q3
KUALA LUMPUR (Bernama) -- Petronas posts net loss of RM3.4 billion for the third quarter (Q3) ended Sept 30, 2020 as compared to net profit of RM7.4 billion in the same quarter last year, due to lower earnings before interest, taxes, depreciation, and amortisation (EBITDA).
Public Bank 3Q net profit higher at RM1.39b
KUALA LUMPUR: Public Bank posted net profit of RM1.39bil in the third quarter ended Sept 30,2020, a slight increase of 2.2% from RM1.36bil a year ago, underpinned by higher income from investments, stock broking, fund management and Islamic banking.
CIMB's 3Q pre-tax profit improves sequentially on higher operating income
KUALA LUMPUR: CIMB Group Holdings Bhd recorded a pre-tax profit of RM454mil in the third quarter ended Sept 30,2020, up 132% from the immediate preceding quarter on higher operating income across nearly all its segments.CIMB's 3Q pre-tax profit improves sequentially on higher operating income
Kenanga IB profit up tenfold as brokerage, trading income soar
KUALA LUMPUR: Record trading volume on the stock exchange is helping to fuel profit growth at Kenanga Investment Bank Bhd.
