HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win

KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.

Petronas Subsidiaries Mixed In Early Session Amid Workforce Cut Announcement

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

Econpile Bags RM42.82 Mln Piling Contract For Penang LRT Project

KUALA LUMPUR, June 5 (Bernama) -- Econpile Holdings Bhd’s wholly-owned subsidiary, Econpile (M) Sdn Bhd has secured a RM42.82 million contract from Irama Duta Sdn Bhd to carry out bored piling and related construction works.

Public Mutual Declares Distributions Of Over RM20 Mln For Three Funds

KUALA LUMPUR, June 5 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions totalling more than RM20 million for three funds for the financial year ended May 31, 2025.

Master Tec Initiates Listing Transfer To Main Market Of Bursa Malaysia

KUALA LUMPUR, May 30 (Bernama) -- Master Tec Group Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia in less than two years after the company's debut on the ACE Market in January 2024. 

IHH Healthcare Shares Down After Posting Lower First Quarter Net Profit

KUALA LUMPUR, May 30 (Bernama) -- IHH Healthcare Bhd shares fell in the mid-morning trading session after the hospital operator posted a lower net profit in the first quarter of its 2025 financial year (1Q FY2025).

KPJ Healthcare Posts RM57.1 Mln Net Profit In 1Q FY2025

KUALA LUMPUR, May 29 (Bernama) -- KPJ Healthcare Bhd's net profit decreased to RM57.1 million in the first quarter of the financial year ending Dec 31, 2025 (1Q FY2025), down from RM71.4 million in 1Q FY2024.

IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

IHH Healthcare 1Q Net Profit Falls To RM514 Mln

KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.

Padini's 3Q Net Profit Rises To RM71.97 Mln On Better Profit Margin

KUALA LUMPUR, May 29 (Bernama) -- Padini Holdings Bhd’s net profit improved to RM71.97 million in the third quarter ended March 31, 2025 (3Q FY2025) from RM40.52 million a year earlier, driven by an improvement in the gross profit margin.