<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 26): Electronic manufacturing services (EMS) firm SKP Resources Bhd (KL:<a href="/askedge/klse/7155" class="ce-stock" target="_blank">SKPRES</a>) has reported a 31.3% increase in its net profit to RM28.34 million for the first quarter ended June 30, 2024 (1QFY2025), from RM21.59 million a year ago, due to better cost optimisation and higher sales performance.</p></div>

<div class=newsTextDataWrapInner><p>Revenue for the quarter surged 17.1% to RM505.53 million from RM431.61 million in the previous year’s corresponding period.</p></div>

<div class=newsTextDataWrapInner><p>Quarterly earnings per share rose to 1.81 sen from 1.38 sen per share in 1QFY2024.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In terms of outlook, the company said it will continue to expand its printed circuit board assembly (PCBA), injection moulding and engineering capabilities to enable more product offerings. The company also said it is mindful of customer concentration risk and is looking to diversify its customer base.</p></div>

<div class=newsTextDataWrapInner><p>At Monday’s closing, shares in SKP Resources closed down one sen or 0.9% to RM1.06, giving it a market value of RM1.66 billion. Year to date, the stock is up 34.2%.</p></div>


Electronic manufacturing services (EMS) firm SKP Resources Bhd (KL:SKPRES) has reported a 31.3% increase in its net profit to RM28.34 million for the first quarter ended June 30, 2024 (1QFY2025), from RM21.59 million a year ago, due to better cost optimisation and higher sales performance.

SKP Resources' 1Q profit up 31%

(Nov 24): Singaporean Prime Minister Lawrence Wong is set to take charge of the ruling People’s Action Party (PAP), consolidating his leadership ahead of a general election due next year.

Singapore PM set to take over ruling party ahead of election — Bloomberg

(Nov 23): One of Malaysia’s wealthiest states is trying to seize control of the nation’s biggest gas reserves, complicating relations in the ruling coalition and threatening a blow to federal revenues.

Borneo challenge looms as Anwar marks two years as Malaysian PM — Bloomberg

BAKU, Azerbaijan (Nov 23): Countries agreed at the UNs COP29 climate conference to spend US$300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

COP29: How does US$300b stack up?

GEORGE TOWN (Nov 23): Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion serviced apartments.

Rackson Group to transform Bayan Lepas skyline with RM1.5b GDV project

KUALA LUMPUR (Nov 23): National Unity Minister Datuk Aaron Ago Dagang reminded Malaysians that racial unity and cultural diversity must continue to be strengthened by all parties and should not be taken for granted.

Don’t take racial unity and diversity for granted, says Aaron

MANILA (Nov 24): The Philippines' security council will verify an alleged assassination threat by Vice President (VP) Sara Duterte against President Ferdinand Marcos Jr, a top official said on Sunday, describing it as a "matter of national security".

Philippine VP's assassination threat against president a national security matter, official says

KOTA TINGGI (Nov 24): Johor’s proposal to implement a four-and-a-half-day work week hinges on the state government’s rationale, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Azalina: Johor’s four-and-a-half-day work week depends on state govt’s rationale

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MOSCOW (Nov 23): Russian President Vladimir Putin signed a law on Saturday on debt forgiveness for new army recruits signing up to fight in Ukraine, a Russian government website showed.

Putin signs law forgiving debt arrears for new Russian recruits for Ukraine war

KUALA LUMPUR (Nov 23): The government has called on stakeholders, particularly housing developers, to adopt alternative energy sources such as solar power, and prioritise biodiversity, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Govt urges stakeholders, housing developers to embrace RE, enhance sustainability efforts, says Fadillah

<p>KUALA LUMPUR (Nov 24): Sime Darby Property Bhd (KL:SIMEPROP) took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA). This is the second time it has done so, the first time being in 2009. It was also the joint winner of the Best in Qualitative Attributes sub-award this year.&nbsp;</p>


Sime Darby Property takes top spot at The Edge Malaysia Top Property Developers Awards 2024

<p>(Nov 23):&nbsp;One of Malaysia’s wealthiest states is trying to seize control of the nation’s biggest gas reserves, complicating relations in the ruling coalition and threatening a blow to federal revenues.&nbsp;</p>


<p>(Nov 23):&nbsp;In the waning days of his administration, US President Joe Biden is pushing to strengthen Ukraine’s position against Russia before the return of Donald Trump to the White House.</p>


Biden rushes to bolster Ukraine before Trump takes control

<p>KUALA LUMPUR (Nov 24): William Dalrymple — scholar, detective, master storyteller and acclaimed historian — weaves together the various narratives and legacies of Ancient India in his latest book, The Golden Road, which trumpets the subcontinent’s impact as a primaeval superpower, the effects of which reverberate until today.&nbsp;</p>


His story

<p>KOTA TINGGI (Nov 24): Johor’s proposal to implement a four-and-a-half-day work week&nbsp;hinges on the state government’s rationale, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.</p>


<p>GEORGE TOWN (Nov 23): Rackson Group has unveiled a landmark RM1.5 billion gross development value (GDV) project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion serviced apartments. &nbsp;</p>


<p>MANILA (Nov 24): The Philippines' security council will verify an alleged assassination threat by Vice President (VP) Sara Duterte against President Ferdinand Marcos Jr, a top official said on Sunday, describing it as a "matter of national security".</p>


<p>KUALA LUMPUR (Nov 23): The government has called on stakeholders, particularly housing developers, to adopt alternative energy sources&nbsp;such as solar power, and prioritise biodiversity, Deputy Prime Minister Datuk Seri Fadillah Yusof said. &nbsp;</p>


<p>KUALA LUMPUR (Nov 23): Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the Madani&nbsp;government's commitment to prioritising the welfare of the people across all states, including those led by the opposition, by steadily increasing their allocations.</p>


PM: Allocations for all states raised continuously

<p>MOSCOW (Nov 23): Russian President Vladimir Putin signed a law on Saturday on debt forgiveness for new army recruits signing up to fight in Ukraine, a Russian government website showed.</p>


<p>BAKU, Azerbaijan (Nov 23): Countries agreed at the UNs COP29 climate conference to spend US$300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:</p>


<p>KUALA LUMPUR (Nov 23): National Unity Minister Datuk Aaron Ago Dagang reminded Malaysians that racial unity and cultural diversity must continue to be strengthened by all parties and should not be taken for granted.&nbsp;</p>


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<p><a href="/node/734414" target="_blank">620,000 Malaysian jobs across 10 sectors at high ris...