Ringgit Opens Higher Against US Dollar
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
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AMMB 2Q Net Profit Rises To RM500.57 Mln, Declares 10.3 Sen Dividend
KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.
IOI Corp's Operating Profit Remains Stable Amid Uncertainty In Donwstream Sub-segment - MIDF Amanah
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
MBSB Among Top Active Counters
KUALA LUMPUR, Nov 27 (Bernama) -- Financial provider MBSB Bhd has emerged as one of the top active counters on Bursa Malaysia after a strong nine-month financial year 2024 (9M FY2024) net profit, thanks to robust non-interest income (NOII).
TH Plantations 3Q Net Profit Rises To RM21.55 Mln
KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.
TM's 3Q Net Profit Declines To RM465.03 Mln
KUALA LUMPUR, Nov 26 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023.
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.
Petronas Dagangan Share Price Surges On Strong 3q Net Profit
KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.
Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins
KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.
AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings
KUALA LUMPUR, Nov 25 (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 South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).
KPKS Perak Visits China To Advance SME Technology
GUANGZHOU (China), Nov 25 (Bernama) -- The Kinta Small and Medium Business Sustainability Association (KPKS) Perak has led a delegation to China to strengthen ties and explore collaboration opportunities with the country’s small and medium-sized enterprises (SMEs).
Ringgit Opens Higher Against US Dollar
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.