KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.
By Karina Imran
KUALA LUMPUR, Feb 28 (Bernama) -- Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.
KUALA LUMPUR, Feb 28 (Bernama) -- TH Plantations Bhd (THP) posted a higher net profit of RM75.18 million in the financial year ended Dec 31, 2024 (FY2024), versus RM46.62 million in the previous year, on the back of an increase in operating profit.
KUALA LUMPUR, Feb 26 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) announced it will hold a conference call on March 11 to discuss its financial results for the fourth quarter (Q4) and full year ended Dec 31, 2024.
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023.
KUALA LUMPUR, Feb 24 (Bernama) -- Capital A Bhd will issue internal targets along with its quarterly financial results in order to give shareholders and the investment community a clearer understanding of the company’s financial outlook.
KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a stable outlook.
KUALA LUMPUR, Feb 7 (Bernama) -- IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit Northern TK Venture Pte Ltd (NTK) sought compensation from Japan’s Daiichi Sankyo Company Ltd for its stake acquisition in India’s Fortis Healthcare.
KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
KUALA LUMPUR, Jan 10 (Bernama) -- Airbus delivered 766 commercial aircraft to 86 customers worldwide in 2024 compared to 735 planes in the previous year.
SEPANG, Dec 2 (Bernama) -- Maintenance, repair and overhaul (MRO) service provider Asia Digital Engineering Sdn Bhd (ADE) is set to chalk up significantly higher revenue next year, which will position it well financially to seek listing sooner rather than later.
