
KUALA LUMPUR (Aug 28): Here is a brief recap of some corporate announcements that made the news on Thursday:
Tenaga Nasional Bhd (KL:TENAGA) reported a 23% drop in second-quarter net profit to RM888.8 million from RM1.16 billion a year earlier, mainly due to foreign exchange losses, though lower taxation eased the impact. Revenue rose 8.3% to RM18.6 billion, driven by stronger electricity sales and demand growth led by the commercial sector. An interim dividend of 25 sen per share was declared, with payment date to be determined later. — Tenaga 2Q profit drops 23% on forex losses despite stronger electricity sales, declares 25 sen dividend
OSAT services provider Inari Amertron Bhd (KL:INARI) posted its weakest quarterly results in 14 years, with fourth-quarter net profit plunging 88% to RM6.15 million, following a fire incident that occurred on May 10 and lower revenue contributions. The company booked RM41.9 million in provisions for asset and inventory write-offs tied to its Philippine plant. Revenue fell 5.8% to RM288.94 million, mainly from reduced loading volume in its radio frequency segment. — Fire incident, lower revenue drag Inari Amertron’s 4Q profit to 14-year low
Sunway Bhd (KL:SUNWAY) posted a 16.7% rise in net profit to RM318.59 million for 2QFY2026, supported by stronger property and healthcare segments despite weaker construction revenue. Revenue increased by 13.4% to RM2.91 billion. The group declared a first interim dividend of three sen per share, payable on Oct 15. — Sunway 2Q profit rises 17% as property, healthcare offset construction slowdown
Berjaya Food Bhd (KL:BJFOOD) narrowed its losses in FY2026, supported by stronger Starbucks operations, cost optimisation and store rationalisation. Full-year net loss was RM105.7 million versus RM287 million a year earlier, while revenue rose 5% to RM503.7 million. For the fourth quarter, net loss reduced to RM64.6 million from RM185.8 million, with revenue up 12% to RM130 million. Lower impairment charges on underperforming stores also contributed to the improvement. — Berjaya Food ends FY2026 with narrower loss as Starbucks operations improve
Internet services provider Time dotCom Bhd (KL:TIMECOM) posted its strongest quarterly earnings in a decade, with net profit rising 29% to RM134.63 million for the second quarter on higher data revenue and forex gains. Revenue was up by 7.2% to RM477.78 million. The company declared a special dividend of 5.41 sen per share, payable on Sept 25, citing profitability and cash strength. — Time dotCom declares special dividend as 2Q net profit hits 10-year high
IOI Properties Group Bhd (KL:IOIPG) doubled its FY2026 dividend to 16 sen per share (eight sen interim, eight sen special), after full-year net profit more than doubled and revenue hit a record RM4.44 billion. 4QFY2026 net profit fell by 36.5% to RM523.11 million despite a 55.8% revenue jump to RM1.39 billion, as fair-value gains on investment properties dropped sharply. The group said it enters its new financial year with record unbilled sales of RM2.51 billion, following RM3.91 billion in sales during FY2026. — IOI Properties doubles FY2026 dividend to 16 sen despite 4Q profit decline
Capital A Bhd (KL:CAPITALA) posted its second consecutive quarterly profit after disposing of its aviation business in January, while growth in aircraft maintenance and a turnaround in logistics offset softer travel demand. Net profit for the second quarter was RM23.87 million, down sharply from RM1.45 billion a year earlier, which was boosted by a RM1.66 billion aviation gain. Sequentially, net profit rose 6.5% from RM22.45 million. No dividend was declared. — Capital A posts second straight quarterly profit after aviation disposal
Healthcare provider IHH Healthcare Bhd (KL:IHH) recorded a 29.3% rise in 2QFY2026 net profit to RM573 million, supported by sustained demand, a more complex patient mix and price adjustments. Revenue grew by 11.9% to RM7.05 billion on higher patient volumes and improved inpatient revenue in select units. The group declared an interim dividend of 5.5 sen per share, payable on Oct 30. — IHH 2Q profit up 29% on demand and patient mix, declares 5.5 sen dividend
Press Metal Aluminium Holdings Bhd (KL:PMETAL) posted record 2QFY2026 earnings, with net profit rising 66% to RM801 million, boosted by higher revenue and a one-off gain from dilution of an associate stake. Excluding the RM115.4 million gain, core Patami was RM685.58 million, up 42% year-on-year. Revenue climbed 12% to a record RM4.69 billion, supported by higher realised metal prices. The group declared a second interim dividend of 2.5 sen per share, payable on Sept 29. — Press Metal logs best-ever quarterly earnings, declares 2.5 sen dividend
Petron Malaysia Refining & Marketing Bhd (KL:PETRONM) stayed loss-making in 2QFY2026, posting a net loss of RM34.48 million versus a RM40.51 million profit a year earlier, due to reliance on imports during the Port Dickson refinery shutdown. This marked its second straight quarterly loss, despite revenue surging 44.7% to RM4.72 billion, driven by higher oil prices. — Petron posts another quarter in red amid refinery shutdown
Chin Hin Group Bhd (KL:CHINHIN) reported a 63.9% drop in second-quarter net profit to RM7.68 million, its weakest quarterly earnings in nearly five years, due to a RM19.8 million fair value loss on other investments versus a RM8.98 million gain a year earlier. Revenue rose by 10.3% to RM1.05 billion, supported by stronger property, construction and building materials contributions. No dividend was declared. — Chin Hin Group 2Q net profit falls 64% on fair value loss, lowest in nearly five years
Staple food producer Malayan Flour Mills Bhd (KL:MFLOUR) posted a 53% rise in 2QFY2026 net profit to RM42.93 million, driven by better margins in flour and grain trading and stronger joint venture contributions. EPS increased to 3.46 sen from 2.27 sen. Its joint venture profit quadrupled to RM13.38 million, supported by poultry unit Dindings Tyson and PT Bungasari Flour Mills Indonesia. Revenue was flat at RM798.66 million as lower selling prices offset higher volumes. A first interim dividend of two sen per share will be paid on Sept 25. — Malayan Flour Mills 2Q net profit jumps 53% on better margins, stronger JV contributions
Hong Leong Bank Bhd (KL:HLBANK) is keeping its FY2027 loan growth target at 6%-7%, citing inflationary pressures from Middle East conflict and strong deposit competition. The bank achieved 7.7% growth in FY2026, above guidance, but CEO Kevin Lam said it opted for prudence despite past performance, noting the aim is to avoid over-promising amid uncertainty. — Hong Leong Bank turns cautious on FY2027 despite beating loan growth target