KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
KUALA LUMPUR, June 3 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure), with a stable outlook for both credit ratings (ratings).
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
KUALA LUMPUR, June 3 (Bernama) -- Capital A Bhd has emerged as an active stock today, with its share price rising over four per cent following its strong first quarter of 2025 (1Q 2025) performance, which saw the company’s turnaround with a net profit.
KUALA LUMPUR, June 2 (Bernama) -- Ongoing geopolitical and economic uncertainties present the most significant risks to the airline industry outlook, said International Air Transport Association (IATA) director general Willie Walsh.
KUALA LUMPUR, May 30 (Bernama) -- Mah Sing Group Bhd's net profit increased to RM66.04 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.05 million in 1Q 2024, supported by an increase in the property development segment.
KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago.
KUALA LUMPUR, May 30 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) posted a net profit of RM126.27 million for the first quarter ended March 31, 2025 (1Q 2025), 3.53 per cent lower compared to RM130.73 million recorded in the same period last year.
KUALA LUMPUR, May 30 (Bernama) -- IHH Healthcare Bhd shares fell in the mid-morning trading session after the hospital operator posted a lower net profit in the first quarter of its 2025 financial year (1Q FY2025).
KUALA LUMPUR, May 29 (Bernama) -- KPJ Healthcare Bhd's net profit decreased to RM57.1 million in the first quarter of the financial year ending Dec 31, 2025 (1Q FY2025), down from RM71.4 million in 1Q FY2024.
KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.
KUALA LUMPUR, May 29 (Bernama) -- IHH Healthcare Bhd has recorded a drop in net profit to RM514 million in the first quarter of its financial year ending Dec 31, 2025 (1Q FY2025) from RM768 million in 1Q FY2024.
