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.

Petronas Committed To Maintaining Dividend Payment Of RM32 Bln This Year - Amir Hamzah 

KAJANG, Feb 26 (Bernama) -- Petroliam Nasional Bhd (Petronas) will remain committed to paying a dividend of RM32 billion to the government this year, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Petronas Waiting For Details On Cooperation With Petros

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on the scope of cooperation between the national oil firm and Petroleum Sarawak Bhd (Petros).

First LNG Shipment From Canada In July - Petronas

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) has announced that its first liquefied natural gas (LNG) shipment from its joint venture, LNG Canada, is now expected to occur in July 2025.

Petronas Evaluating Rightsizing Efforts

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.  

TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends 

KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

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. 

IOI Corp Posts Lower 2Q Net Profit Of RM111.1 Mln, Declares 5 Sen Dividend

KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment. 

Capital A To Issue Internal Targets Alongside Quarterly Results

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.

Sime Darby Posts RM305 Mln 2Q Net Profit, Declares 4 Sen Dividend

KUALA LUMPUR, Feb 24 (Bernama) -- Sime Darby Bhd posted a net profit of RM305 million in the second quarter ended Dec 31, 2024 (2Q FY2025) compared to RM2.28 billion in 2Q FY2024.

Petronas Gas Posts Higher FY2024 Net Profit Of RM1.84 Bln, Declares 22 Sen Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended Dec 31, 2024 (FY2024) compared to RM1.82 billion in the same period a year earlier.

EPF Clarifies Investment Income And 2023 Dividend Payout

By Sharifah Hunaini Syed Ismail

KUALA LUMPUR, Feb 22 (Bernama) -- The Employees Provident Fund (EPF) has reaffirmed that its financial year ended Dec 31, 2023 figures are accurate and comply fully with strict financial reporting standards.