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KUALA LUMPUR: Sunway Bhd’s net profit slipped to RM359.6 million for the financial year ended Dec 31, 2020 (FY20) from RM709.2 million in FY19.
Developer delivers positive results despite pandemic
KUALA LUMPUR (Bernama) -- Tropicana Corp Bhd's net profit declined 71% to RM92.03 million in the financial year ended Dec 31, 2020 (FY20) from RM320.76 million chalked up in FY19.
The strong prospects of the packaging industry due to consumer spending habits for on-the-go food are some of the reasons that will continue to see Scientex Bhd chalking up earnings growth.
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) recorded revenue of RM1.2bil and loss before tax of RM152.9mil in FY2020 due to the RM175.3mil in impairment provisions relating to completed construction projects impacted by the pandemic.
PETALING JAYA: Kerjaya Prospek Group Bhd is expected to post a marginally stronger earnings in the fourth quarter ended Dec 31,2020 as compared to the third quarter, owing to a gradual pick-up in progress billings
PETALING JAYA: Solarvest Holdings Bhd will possibly see slower progress billings in the second half of its financial year 2021 (FY21) for a few of its commercial and industrial projects, said RHB Research.
PETALING JAYA: Gabungan AQRS Bhd is expected to see its earnings recover in the first half of this year as its orderbook remains healthy and its progress billings pick up.