Unisem sees satisfactory results for rest of FY24
Unisem (M) Bhd, whose net profit slumped by 58% in its latest fourth quarter, flags continued soft demand for its…
Corporate News
CAB Cakaran reports RM38.38mil net profit in 1Q24
KUALA LUMPUR: CAB Cakaran Corp Bhd is expected to benefit from the recent shortages of pork and eggs, both staple…
Disney in leadership overhaul as Bailey exits
Walt Disney Co is overhauling some of the leadership at its troubled movie division, replacing an executive who oversaw a…
Mah Sing sets higher sales target for 2024
Mah Sing Group Bhd has set a higher sales target of a minimum of RM2.5bil for 2024, underpinned by its…
Eversendai returns to the black in FY23 with RM26.61mil net profit
KUALA LUMPUR: Eversendai Corporation Bhd has returned to the black with a net profit of RM26.61 million in the financial…
Coles denies price gouging, says food inflation is global
Australia’s No. 2 supermarket operator Coles Group rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying…
RHB Bank posts commendable FY23
Malaysia’s fourth largest banking group, RHB Bank Bhd, is maintaining a cautious stance as it navigates 2024, being mindful of…
Genting Plantations’ FY23 net profit slips to RM253.48mil
KUALA LUMPUR: Genting Plantations Bhd’s net profit for the financial year ended Dec 31, 2023, (FY2023) slipped to RM253.48 million…
Chevron, Exxon in dispute over Guyana oil
Exxon Mobil Corp says it may preempt Chevron Corp’s acquisition of a 30% stake in a giant Guyana oil block,…