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Investment Banks Positive On Top Glove Amid Expected Sales Growth As Inventory Depletes

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.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

Multiply Group To Acquire Majority Stake In Tendam, Expanding Into European Retail And Apparel Sector

KUALA LUMPUR, Feb 26 (Bernama) -- Multiply Group PJSC, the Abu Dhabi-based investment holding company, has agreed to invest in Castellano Investments S.À R.L., securing a controlling 67.91 per cent stake in the company, which owns Tendam Brands S.A.U. and other subsidiaries.

SMEs Must Adopt AI, E-invoicing To Stay Competitive -- Gobind

KUALA LUMPUR, Feb 25 (Bernama) -- Small and medium enterprises (SMEs) must embrace artificial intelligence (AI) and e-invoicing to remain competitive in Malaysia’s evolving digital economy, said Digital Minister Gobind Singh Deo.

PCG Records Lower Net Profit In FY2024, Declares 3.0 Sen Second Interim Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

EPIC Chalks Up Record Revenue Of RM403.8 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, achieved record revenue of RM403.8 million in the 2024 financial year.

Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High

KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.

Hindustan Zinc Clocks Q3 With Highest Ever Revenue, Profit And Metal Production

KUALA LUMPUR, Feb 3 (Bernama) -- India-based Hindustan Zinc Limited (HZL), the integrated zinc and silver producer, has recorded its highest-ever nine months mined and refined metal production at 784 karat (kt) and 783 kt, respectively.

Palo Alto Networks Unveils Cybersecurity Predictions For 2025: Key Insights For Malaysian Businesses

KUALA LUMPUR, Jan 14 (Bernama) – Palo Alto Networks, a global leader in cybersecurity, has released its APAC Cybersecurity Predictions for 2025, offering vital insights into the future of cyber threats and strategies to stay ahead of the curve.

KRI Calls For Redefinition Of B40, M40, T20 To Address Economic Vulnerabilities

KUALA LUMPUR, Dec 31 (Bernama) -- Khazanah Research Institute's (KRI) latest study finds that the current classification of the Bottom 40 (B40), Middle 40 (M40), and Top 20 (T20) income groups does not accurately reflect the true economic stratification of Malaysian households.

Healthcare, Education Sectors Likely Prime Targets For Ransomware Attacks In 2025 - Sophos

KUALA LUMPUR, Dec 18 (Bernama) -- Healthcare and education sectors are expected to be the prime targets for ransomware attacks next year, according to cybersecurity solutions provider Sophos Ltd.