IOI Properties 3Q net profit rises to RM220.21mil
KUALA LUMPUR: IOI Properties Bhd’s net profit for the third quarter ended March 31, 2024, rose to RM220.21 million versus…
Corporate News
Slowdown in US EV sales looks more like a blip
After an underwhelming start to the year for US electric-vehicle (EV) sales, it might seem easy to conclude that the…
RHB Bank posts first-quarter earnings of RM730mil
RHB Bank Bhd has recorded improvements in total income and operating profit for the first quarter of 2024 (1Q24), but…
YTL Power’s Ranhill acquisition a positive
The increased stake in Ranhill Utilities Bhd bodes well for YTL Power International Bhd’s earnings growth over the long term.
PPB posts lower net profit of RM337.17mil in 1Q
KUALA LUMPUR: PPB Group Bhd’s net profit for the first quarter ended March 31, 2024 (1Q 2024) fell to RM337.17…
Elliott bets on shaking up Texas Instruments
Elliott Investment Management has invested more than US$2.5bil in Texas Instruments Inc and is pushing the chip maker to improve…
Farm Fresh fourth-quarter net profit increases four-fold to RM24mil
Reflecting on the group’s performance of the past financial year, Farm Fresh Bhd group managing director and chief executive officer…
MAHB 1Q net profit up 3-fold to RM190mil
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) expects passenger traffic to further recover in 2024 closer to pre-pandemic levels, with…
New Petrobras chief pledges better returns
The new chief executive officer (CEO) of Brazil’s Petrobras tried to soothe investor concerns about ramping up investments during her…