Diversified group Kumpulan FIMA Bhd saw its net profit for the financial year ended March 31, 2023 decline 38.4% year-on-year to RM63.22 million, dragged by its performance in the final quarter of the year.

Kumpulan FIMA’s 4QFY2023 net profit plunged 82%, FY2023 earnings fell 38%

While the Malaysian economy registered a stronger-than-expected growth in the first quarter, the country is not immune to the challenges on the global stage that would affect demand for its exports.

Restructuring of Malaysia's economy being expedited to reduce country's exposure to global economic volatility — Rafizi

Edelteq Holdings Bhd, which is on the way to be listed on the ACE Market of Bursa Malaysia, found itself in hot water, just as the group was looking to raise RM24 million through the initial public offering.

ACE Market-bound Edelteq’s CEO Chin Yong Keong sued by former employer Mi Technovation

S P Setia Bhd’s net profit for the first quarter ended March 31, 2023 (1QFY2023) slipped 17.85% year-on-year to RM55.45 million, due to higher losses in construction and other operations, which offset higher profit at the property development segment.

S P Setia achieves RM1.03 bil sales in 1Q, makes RM55.45m profit

Petra Energy Bhd on Friday (March 17) announced that its subsidiary Petra Resources Sdn Bhd had received two contracts for the provision of accommodation workboats from Petronas Carigali Sdn Bhd (PCSB).

The contracts are for its accommodation workboats Petra Orbit and Petra Galaxy. These are the first vessel chartering contracts received by Petra Energy this year.

Petra Energy awarded two contracts from Petronas Carigali

Sunway REIT Management Sdn Bhd has announced the properties that it would acquire for Sunway Real Estate Investment Trust (Sunway REIT) from the Employees Provident Fund (EPF) worth RM520 million in total.

Sunway REIT announces acquisition of properties from EPF worth RM520m

Kenanga Research projects  CY23F FBM KLCI earnings to contract by 1.2%

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HLIB Research says Velesto's valuations have become inflated

Malaysia's corporate profits disappoint on slowing demand, with little help from China reopening

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

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Biden trips and falls during graduation ceremony, recovers quickly

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Kamarul Azhar Azmi

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Kamarul Azhar Azmi

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