<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 24): SKP Resources Bhd's net profit for the second quarter ended Sept 30, 2017 rose 54.4% to RM35.07 million from RM22.72 million a year ago.</p></div>

<div class=newsTextDataWrapInner><p>This follows a 30.2% rise in quarterly revenue to RM594.16 million from RM456.45 million.</p></div>

<div class=newsTextDataWrapInner><p>Cumulative six-month net profit jumped 67% to RM68.43 million from RM40.97 million a year earlier, with revenue rising 44% to RM1.12 billion from RM777.01 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>SKP attributed the higher topline and bottomline in the first half to higher revenue recorded from existing key customers during the period.</p></div>

<div class=newsTextDataWrapInner><p>Moving forward, SKP said it is confident of reporting consistent positive growth in the bottomline, backed by the strong orderbooks from its existing customers and operational efficiency.</p></div>

<div class=newsTextDataWrapInner><p>Further, SKP said it will "keep its sight firmly" on developing its market further in the electronics manufacturing services sector and continue to pursue vertical integration status.</p></div>

<div class=newsTextDataWrapInner><p>SKP's share price closed nine sen or 4.4% higher at RM2.12, valuing the group at RM2.61 billion.</p></div>

KUALA LUMPUR (Nov 24): SKP Resources Bhd's net profit for the second quarter ended Sept 30, 2017 rose 54.4% to RM35.07 million from RM22.72 million a year ago.

This follows a 30.2% rise in quarterly revenue to RM594.16 million from RM456.45 million.

Cumulative six-month net pr...

SKP's 2Q net profit rises 54.4% to RM35.07m

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Thailand’s newly appointed Prime Minister Paetongtarn Shinawatra vowed to push ahead with a controversial US$14 billion (RM60.67 billion) cash stimulus plan as her cabinet finalised a blueprint to free Southeast Asia’s second-largest economy from a prolonged period of low growth and chronic household debt.

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His Majesty Sultan Ibrahim, King of Malaysia, on Saturday expressed his joy over improvements in the country’s economic situation and trade performance.

His Majesty hoped that the government would continue to work to stimulate the country’s economy to create more job opportunities and increase the income and living standards of the people.

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Seven people were injured, with one hospitalised after a plane operated by Singapore Airlines Ltd’s budget carrier Scoot encountered turbulence during a flight from the city state to Guangzhou in China on Friday, the Straits Times reported on Saturday.

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<p>Seven people were injured, with one hospitalised after a plane operated by Singapore Airlines Ltd’s budget carrier Scoot encountered turbulence during a flight from the city state to Guangzhou in China on Friday, the <em>Straits Times</em> reported on Saturday.</p>


<p>His Majesty Sultan Ibrahim, King of Malaysia, on Saturday warned that he will withdraw the federal awards, medals and honours of recipients who commit crimes, tarnish the country’s image or if punished by the courts.</p>


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<p>His Majesty Sultan Ibrahim, King of Malaysia, on Saturday expressed his joy over improvements in the country’s economic situation and trade performance.</p>

<p>His Majesty hoped that the government would continue to work to stimulate the country’s economy to create more job opportunities and increase the income and living standards of the people.</p>


<p>Boeing's Starliner spacecraft landed uncrewed in a New Mexico desert late on Friday, capping a three-month test mission hobbled by technical issues that forced the astronauts it had flown to the International Space Station to remain there until next year.</p>


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<p>In a period of global uncertainty, Malaysia’s economy is demonstrating remarkable resilience and optimism. Along with the strong Q2 gross domestic product (GDP) of 5.9%, the surge in initial public offerings (IPOs) and strategic investments by government-linked investment companies (GLICs) is a c...

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<p>Thailand’s newly appointed Prime Minister Paetongtarn Shinawatra vowed to push ahead with a controversial US$14 billion (RM60.67 billion) cash stimulus plan as her cabinet finalised a blueprint to free Southeast Asia’s second-largest economy from a prolonged period of low growth and chronic household debt.</p>


<p>Members of the public are advised to check the status of any suspicious advertisement tender offer or quotation with the Ministry of Tourism, Arts and Culture (Motac) or the nearest state Motac office before taking action involving financial transactions.</p>


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<p>The Ministry of Communications advises that a social media platform has to have content moderators who can understand various languages, especially local languages other than English.</p>


<p>Indian education technology company Byju's auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju's said on Saturday.</p>


<p>Independence Day on Aug 31, 1957, was a defining moment in our national story, when Tunku Abdul Rahman shouted out “Merdeka! Merdeka! Merdeka!” and pronounced “a nation that will stand forthwith free and independent”.</p>

<p>Malaysia has undergone a profound transformation in the 67 years sinc...