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KUALA LUMPUR: Malayan Banking Bhd posted a record net profit of RM8.20bil in the financial year ended Dec 31,2019 (FY19), lifted a strong performance in the fourth quarter, compared with RM8.11bil in FY18.
KUALA LUMPUR: Bumi Armada Bhd posted net profit of RM58.51mil in the financial year ended Dec 31,2019 which in contrast with net losses of RM2.30bil in FY18.
BANGKOK: Thailand confirmed three more Covid-19 novel coronavirus cases, taking the country’s total to 40, and said it will step up efforts to contain the disease. The stock market slumped the most since 2014.
KUALA LUMPUR: Coming off improved core earnings in the first half of its 2020 financial year, Sime Darby Bhd remains cautious over its prospects amid the backdrop of the Covid-19 outbreak.
KUALA LUMPUR: Iconic Worldwide Bhd posted a net profit of RM2.77mil for the third quarter ended Dec 31, 2019 (Q3FY2020), compared with a net loss of RM1.91mil posted in the same period last year.
KUALA LUMPUR: Hong Leong Bank posted much improved financial results in the second quarter ended Dec 31,2019 as net profit rose to RM701.81mil, boosted by higher net interest income.
KUALA LUMPUR: Public Bank Bhd posted net profit of RM5.579bil in the financial year ended Dec 31,2019, which was a dip of 0.2% from RM5.590bil in FY18 amid strong headwinds and increased challenges.KUALA LUMPUR: Public Bank Bhd posted net profit of RM5.579bil in the financial year ended Dec 31,2019 compared with RM5.590bil in FY18.
HONG KONG: As the Hong Kong government posts its first deficit in more than 15 years, all eyes will be on financial secretary Paul Chan’s budget release today and how he’ll tap cash reserves to stimulate an economy under pressure from months of unrest and the coronavirus outbreak.
KUALA LUMPUR: Nestle (Malaysia) Bhd posted a firmer set of net profit for the financial year ended Dec 31,2019, supported by strong operational sales execution, anticipation of market trends and a sustained stream of innovations throughout the year.
PETALING JAYA: AEON Co (M) Bhd recorded a 6.84% dip in its net profit for the fourth quarter at RM49.88mil.