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PETALING JAYA: Loss-making Mudajaya Group Bhd expects to start seeing a turnaround in its fortunes by as early as the third quarter of its current financial year ending Dec 31 as it seeks to fix its Indian venture.
PETALING JAYA: Telekom Malaysia Bhd (TM) achieved a net profit of RM301.4mil, or 8.40 sen per share, for its third quarter ended Sept 30, marginally lower than the RM302.1mil, or 8.40 sen per share, posted in the same quarter last year after it made lower gains.
PETALING JAYA: Eastern & Oriental Bhd’s (E&O) third quarter net profit dropped 29.28% to RM21.98mil on the back of a 36.41% jump in revenue to RM331.9mil due to higher income tax expense.
PETALING JAYA: IHH Healthcare Bhd’s net profit for the third quarter ended Sept 30 jumped 25.5% to RM146.91mil on the back of higher inpatient volumes, revenue intensity and contribution from new hospitals.
THE local stock market has ended the third quarter on a positive note, closing 6% higher yesterday in active trade and raising hopes the next three months would see the KLSE Composite Index (CI) rising to around the 800-point level.