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PETALING JAYA: Serba Dinamik Holdings Bhd’s net profit rose 30.8% to RM148mil in the third quarter (Q3) ended Sept 30 from RM113.2mil in the corresponding period last year, in tandem with its higher revenue.
FOR an emerging economy like Malaysia, whose landscape is dotted with skyscrapers, industries and commercial entities and with an ever-growing population of urban and rural communities, sustainable water and power are key to developing progressively.
It targets to clinch between 15% and 25% of the projects
LONDON: The itch is back for Paul Mead. After almost a decade investing in vineyards and startups in his native New Zealand, the former Barclays Plc and Enron Corp trader wants to return to the power market.
NEW YORK: U.S. stock market futures dropped late on Thursday after Treasury Secretary Steven Mnuchin pulled the plug on some of the Federal Reserve' pandemic emergency lending programs.
NEW YORK: U.S. stocks ended in positive territory on Thursday as fresh stimulus hopes buoyed investor sentiment toward the end of a session fraught with worries over mounting shutdowns and layoffs linked to spiraling COVID-19 infection rates.
KUALA LUMPUR: Petronas Gas Bhd recorded a net profit of RM591.01mil in the third quarter ended Sept 30, 2020, which was 36.9% higher than RM431.59mil in the previous corresponding quarter on the back of higher revenue contributions from its business segments.
Foreign investors, local institutions making their way back
KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) said it will take a RM232mil hit in the fourth quarter ending Dec 31 after it decided to close a joint venture plant in Gebeng, Pahang.