JPG Rises In Early Trade
KUALA LUMPUR, May 20 (Bernama) -- Shares of Johor Plantations Group Bhd (JPG) rose in the early trade after recording higher first quarter financial performance ended March 31, 2025 (1Q 2025).
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Bursa Malaysia Kicks Off Higher, Mirrors Wall Street Gains
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, rebounding from yesterday’s decline as investors tracked an overnight rally on Wall Street.
Johor Plantations Posts Higher Net Profit Of RM75.93 Mln In 1Q 2025
KUALA LUMPUR, May 19 (Bernama) -- Johor Plantations Group Bhd (JPG) posted a higher net profit of RM75.93 million in the first quarter (1Q) ended March 31, 2025, compared to RM49.97 million in the same period last year.
Portsim Strengthens Malaysian Palm Oil Image And Export Value In China
KUALA LUMPUR, May 19 (Bernama) -- The Palm Oil Research and Technical Service Institute of the Malaysian Palm Oil Board (Portsim) in Shanghai, China, has played a key role in enhancing the export value of Malaysian palm oil and strengthening its image as a high-quality, reliable raw material for various downstream industries in China.
Hextar's Associate Company Wins RM427.50 Mln Contract
KUALA LUMPUR, May 16 (Bernama) -- Hextar Capital Bhd’s (HCB) associate company Transgrid Ventures Sdn Bhd (TGV) has won a RM427.50 million Tenaga Nasional Bhd (TNB) contract to establish a transmission main intake (PMU) 500/275 kilovolt (kV) gas-insulated substation (GIS) in Gurun East, Kedah.
Pekat Group Subsidiary Bags RM135.24 Mln Contract From TNB
KUALA LUMPUR, May 16 (Bernama) -- Pekat Group Bhd’s indirect 60 per cent-owned subsidiary, EPE Switchgear (M) Sdn Bhd, has received a letter of award from Tenaga Nasional Bhd for the supply, installation, testing, and commissioning of distribution networks with a contract value at RM135.24 million.
SBC Medical Q1 Profit Rises 15 Pct Despite Revenue Dip
KUALA LUMPUR, May 16 (Bernama) -- SBC Medical Group Holdings Incorporated, a global provider of management services to cosmetic treatment centres, recorded a net profit of US$22 million for the first quarter (Q1) ended March 31, marking a 15 per cent increase year-on-year (y-o-y). (US$1=RM4.27)
Analysts Maintain ‘buy’ On 99 Speed Mart After Solid 1Q Results
KUALA LUMPUR, May 16 (Bernama) -- Analysts maintained a positive outlook on 99 Speed Mart Retail Holdings Bhd (99 Speed Mart) following its first quarter (1Q) results for the financial year ended March 31, 2025 (FY2025).
Malaysian Economy Expands 4.4 Pct In 1Q, Anchored By Household Spending
KUALA LUMPUR, May 16 (Bernama) -- The Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies, compared to 4.2 per cent in 1Q 2024.
Research Houses Positive On Dialog's Long-term Ventures Despite Lower 3Q Profit
KUALA LUMPUR, May 16 (Bernama) -- Research houses are positive on Dialog Group Bhd’s long-term ventures in the upstream and midstream segments despite its lower net profit for the third quarter ended March 31, 2025 (3Q FY2025).
Asuransi Tokio Marine Indonesia’s Credit Ratings Affirmed By AM Best
KUALA LUMPUR, May 16 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of PT Asuransi Tokio Marine Indonesia (TMI).
HLIB Optimistic On Malaysia's RE Sector, Retains 'Overweight' Call
KUALA LUMPUR, May 15 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is optimistic about Malaysia’s renewable energy (RE) sector due to its strong structural themes and positive earnings growth cycle, maintaining its ‘overweight’ call on the industry.