<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 13): Hume Cement Industries Bhd (KL:<a href="/askedge/klse/5000" class="ce-stock" target="_blank">HUMEIND</a>) posted a net profit of RM47.42 million for its first quarter ended Sept 30, 2024 (1QFY2025), down slightly from RM48.33 million a year ago, as lower market demand weighed on cement sales.</p></div>

<div class=newsTextDataWrapInner><p>The decline in quarterly earnings was partly offset by lower input costs and production costs driven by improved manufacturing efficiency, the group said in a bourse filing on Thursday.</p></div>

<div class=newsTextDataWrapInner><p>Earnings per share dropped to 6.55 sen from 9.46 sen.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue fell 7.48% year-on-year to RM283.71 million from RM306.66 million.</p></div>

<div class=newsTextDataWrapInner><p>Hume declared a dividend of four sen per share, compared with two sen per share a year earlier, payable on Dec 18. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Looking ahead, the cement manufacturer said it expects the demand for its products to grow as the construction sector in Malaysia is projected to grow.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Hume Cement closed up three sen or 0.88% at RM3.42 on Thursday, valuing the group at RM2.48 billion. Year to date, the counter has gained 52% from RM2.25.</p></div>


Hume Cement Industries Bhd (KL:HUMEIND) posted a net profit of RM47.42 million for its first quarter ended Sept 30, 2024 (1QFY2025), down slightly from RM48.33 million a year ago, as lower market demand weighed on cement sales.

Hume Cement sees slight fall in 1Q profit, declares higher dividend

KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May.

Fahmi to contest PKR vice-president post

SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

Singapore sets up taskforce to seize opportunities from RTS Link

KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.

Anwar urges focus on key projects in Negeri Sembilan, including Tuanku Jaafar Hospital 2

KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council  (MTPMA63) this May.

MA63: Interpretation of parliamentary seat quota, continental shelf to be finalised in May — Fadillah

KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.

Ops Outlander: Civil servant held for receiving bribes of up to RM15,000 for birth certificates

PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.

Not for Russia to decide on peacekeepers in Ukraine, Macron says

ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US Midwest and Southeast on Saturday (March 15) night, CNN reported.

Tornadoes strike US South, killing 33 people amid rising risk, CNN says

3R issues: Police to submit investigation paper to AGC on Monday

3R issue: Police to submit investigation paper to AGC on Monday 

Nestled in the heart of Kuala Lumpur, TRX Residences is setting unprecedented standards for world-class, integrated urban living with a seamless blend of convenience, sustainability and connectivity.

TRX Residences: A masterpiece of integrated urban living in Kuala Lumpur

SHAH ALAM (March 16): DAP hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.

Loke: DAP wants Federal Constitution to be amended to limit PM’s tenure to 10 years

<p>SHAH ALAM (March 16): Bagan member of Parliament (MP) Lim Guan Eng has been named the Democratic Action Party’s (DAP) adviser after securing a seat in the party’s Central Executive Committee (CEC) in what was widely regarded as one of the fiercest contests in the party’s history.</p>


Guan Eng named DAP adviser, Gobind Singh appointed party’s national chairman

<p>SHAH ALAM (March 16): DAP will relax the conditions on its elected representatives to receive awards or honours from sultans or state governors.</p>


DAP to ease conditions on accepting awards, titles for elected reps, says Loke

<p>SINGAPORE (March 16): With the legal fight within the board of City Developments Ltd (CDL) put behind, the company will give shareholders a proper account, according to group chief executive officer Sherman Kwek.</p>


CDL will give shareholders a proper account, says group CEO Sherman Kwek

<p>HONGKONG/BEIJING/BENGALURU (March 16): Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to mark the 50th anniversary of EU-China diplomatic ties, the <em>Financial Times </em>(<em>FT</em>) reported on Sunday.</p>


China's Xi declines EU invitation to anniversary summit, FT reports

<p>WASHINGTON/ADEN, Yemen (March 15): US&nbsp;President Donald Trump launched large-scale military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, killing at least 31 people at the start of a campaign expected to last many days.</p>


Trump launches large-scale strikes on Yemen's Houthis, at least 31 killed

<p>KUALA LUMPUR (March 16): The "major reshuffle" of the Democratic Action Party (DAP) Central Executive Committee (CEC) was aimed at giving more leaders the opportunity to showcase their abilities, said party secretary general Anthony Loke Siew Fook.</p>


DAP leadership’s 'major reshuffle' aims to showcase more party leaders, says Loke

<p>KUALA LUMPUR (March 16): The government remains committed to implementing the institutional reform agenda, including a proposed amendment to the Federal Constitution to cap the prime minister's term at 10 years.</p>


Anwar: Reform agenda to be implemented carefully, to avoid failure due to haste

<p>SHAH ALAM (March 16): DAP&nbsp;hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.</p>


<p>TAPAH (March 16): Perikatan Nasional (PN) will announce its candidate contesting in the Ayer Kuning state by-election after a special meeting on Thursday (March 20).</p>


Ayer Kuning polls: Perikatan Nasional to announce candidate after March 20 meeting

<p>FRANKFURT (March 16): The pay package of UBS chief executive officer&nbsp;Sergio Ermotti came in just above 15 million Swiss francs (US$17 million, or RM75.56 million) in 2024, Swiss daily <em>Blick</em> reported, not citing where it obtained the information.</p>


UBS CEO Ermotti to receive US$17 mil paycheque for 2024, Swiss daily Blick reports

<p>PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.</p>


<p>ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US&nbsp;Midwest and Southeast on Saturday (March 15) night, <em>CNN</em> reported.</p>


<p>3R issues: Police to submit investigation paper to AGC on Monday&nbsp;</p>


<p>KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.</p>


<p>KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May. &nbsp;</p>


<p>KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.</p>


<p>SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.</p>


<p>KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council &nbsp;(MTPMA63) this May.</p>
