Perma-Pipe Posts Strong Q3 2024 Results With 29 Pct Increase In Net Income

KUALA LUMPUR, Dec 24 (Bernama) -- Perma-Pipe International Holdings Inc’s net income for the third quarter ended Oct 31, 2024 (Q3) increased to US$2.5 million from US$1.9 million in the same period last year, mainly driven by better project execution. (US$1=RM4.48)

List Of Services Subject To SST Scope Expansion To Be Announced In Early 2025 - Lim

KUALA LUMPUR, Dec 4 (Bernama) -- The list of services subject to the expanded scope of the Sales and Service Tax (SST) will be announced in early 2025 before being implemented beginning May 1, 2025, according to Deputy Finance Minister Lim Hui Ying.

Govt Preparing Additional Revenue Estimates From Introduction Of Dividend Tax -- Lim Hui Ying

KUALA LUMPUR, Dec 4 (Bernama) -- The government is currently preparing the estimates of the additional revenue that will be collected from introducing the two per cent dividend tax, said Deputy Finance Minister Lim Hui Ying.

Perodua Set To Produce 500 Units Of EMO-II Monthly, Aims For Cheapest EV

KUALA LUMPUR, Dec 4 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to produce 500 units per month of its electric vehicle (EV) called eMO-II starting next year.

IBR Pushes For Energy Efficiency, Modernisation

By M. Saraswathi

KUALA LUMPUR, Nov 26 (Bernama) -- Incentive-Based Regulation (IBR), a bold transformation for Malaysia’s energy sector, is a framework used by regulators to determine efficient costs and their recovery for electricity supply and services.

Axiata Shares Rises As Earnings Meet Market Expectations

KUALA LUMPUR, Nov 29 (Bernama) -- Axiata Group Bhd’s shares rose 3.4 per cent early Friday after the company's earnings for the third quarter of the financial year 2024 (3Q FY2024), in line with market expectations.

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit opened higher against the US dollar in early trade today amid renewed buying interest, with investors flocking towards the local currency following the Thanksgiving holidays in the United States (US).

CIMB Posts Higher Net Profit Of RM2.03 Bln In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd posted a higher net profit of RM2.03 billion in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM1.85 billion in the same period last year.

MBSB Posts Higher 3Q Net Profit Of RM122.08 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a higher net profit of RM122.08 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM32.84 million in the same period last year.

YTL Corp 1Q Net Profit Shrinks To RM333.713 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- YTL Corp Bhd’s net profit for the first quarter ended Sept 30, 2024 (1Q 2024), decreased to RM333.713 million from RM521.726 million in the same quarter last year.

IOI Corp Net Profit Soars To RM710.7 Mln In 1Q On Higher Plantation Segment Contribution

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Corporation Bhd’s net profit surged to RM710.7 million in the first quarter of its financial year ending June 30, 2025 (1Q FY2025) from RM304.0 million in 1Q FY2024 due to higher plantation segment contribution.

IOI Properties Among Top Losers On Bursa Malaysia After Disappointing 1Q Earnings

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) became the second biggest loser on Bursa Malaysia at midday after its first-quarter earnings for the financial year ended June 30, 2025 (1Q FY2025) missed expectations.