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KUALA LUMPUR: Township developer Matrix Concepts Holdings Bhd reported its fourth consecutive quarter of growth in bottomline, with net profit in the three month ended Dec 31, 2019 rising 34.4% to RM65.3mil from RM48.6mil previously.
KUALA LUMPUR: Tabung Haji's four operating hotels, which were transferred to Urusharta Jamaah Sdn Bhd (UJ), will operate under a new name of Raia Hotel from April 1 and the staff would be absorbed.
KUALA LUMPUR: Malakoff Corp Bhd posted improved net earnings for the final quarter of its financial year ended Dec 31, 2019, aided by a one-off gain from the disposal of its investment in Malakoff Australia Pte Ltd.
PETALING JAYA: Boosted by its liquified natural gas (LNG) business and a turnaround in its petroleum segment, MISC Bhd posted a net profit that came in RM8.7% higher to RM1.42bil for the financial year ended Dec 31,2019 (FY19) from the RM1.31bil a year ago.
KUALA LUMPUR: Eastern and Oriental Bhd (E&O) posted a net profit of RM18.76mil for the third quarter ended Dec 31,2019, from a net loss of RM8.76mil in the same period the previous year.
KUALA LUMPUR: Leong Hup International Bhd's revenue rose to another record of RM6.05bil in the financial year ended Dec 31,2019 but its net profit slipped due to the challenging market conditions.
KUALA LUMPUR: Eastern & Oriental Bhd posted net profit of RM18.75mil in the third quarter ended Dec 31,2019, boosted by an unrealised exchange gain of RM23.10mil.
SYDNEY: The world's biggest miner, BHP Group, reported on Tuesday a 39% jump in half-year profit, supported by an uptick in Chinese demand and high iron ore prices, even as concerns remain about disruptions from the coronavirus outbreak.
KUALA LUMPUR: Kuala Lumpur Kepong Bhd reported a decline in first quarter ended Dec 31 earnings, as weaker fresh fruit bunches (FFB) output and an unrealised loss on derivative contracts blunted the benefits of higher palm oil selling prices.
SHANGHAI/BEIJING: China must make every effort to maintain economic and social control as it battles the Covid-19 coronavirus epidemic, and avoid causing panic that could lead to secondary "disasters, " President Xi Jinping told senior officials earlier this month.