Nestle Shares Soar Despite Reporting Lower 1Q Net Profit
KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
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KUALA LUMPUR, April 29 (Bernama) -- Nestle (Malaysia) Bhd shares soared in the morning trading session amid posting lower net profit for the first quarter (1Q) of 2025.
KUALA LUMPUR, April 28 (Bernama) -- Nestlé (Malaysia) Bhd’s net profit fell to RM161.34 million in the first quarter of 2025 ended March 31, 2025 (1Q 2025), from RM195.51 million a year earlier, while revenue also declined to RM1.77 billion in from RM1.78 billion previously.
KUALA LUMPUR, April 28 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) has facilitated RM1 billion in committed investments in Terengganu as of the first quarter of 2025 (1Q 2025).
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.
KUALA LUMPUR, April 23 (Bernama) -- IGB Real Estate Investment Trust (REIT) posted a higher net profit of RM106.58 million for the first quarter ended March 31, 2025 (1Q 2025) from RM99.61 million in 1Q 2024.
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
KUALA LUMPUR, April 19 (Bernama) -- Front-loading activities are expected to support trade and manufacturing in the near term amid the brief United States (US) tariff pause, according to CIMB Investment Bank Bhd.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 18 (Bernama) -- The ringgit eased against the US dollar at the close today following the announcement of a lower-than-expected gross domestic product (GDP) growth estimate for Malaysia for the first quarter (1Q) of 2025, said an analyst.
KUALA LUMPUR, April 18 (Bernama) -- Malaysia’s trade continued its positive momentum, rising by 2.2 per cent to RM249.89 billion in March 2025, marking the 15th consecutive month of year-on-year (y-o-y) growth since January 2024, said the Ministry of Investment, Trade and Industry (MITI).
KUALA LUMPUR, April 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.4 per cent in the first quarter of 2025 (1Q 2025) based on advance estimates, easing from a five per cent expansion in the previous quarter, backed by domestic activities and steady demand, according to the Department of Statistics Malaysia (DOSM).
JOHOR BAHRU, April 17 (Bernama) -- The RM27.4 billion investment recorded in Johor during the first quarter (1Q) of 2025 is a positive indicator of the investment climate in the state, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.