KUALA LUMPUR (Nov 12): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

Pharmaniaga Bhd’s (KL:PHARMA) net profit for the three months ended Sept 30, 2026 (3QFY2026) jumped three-fold year-on-year (y-o-y) to RM26.27 million, supported by a tax credit and lower finance costs. Quarterly revenue edged up 0.72% to RM1.014 billion. It declared a third interim dividend of 0.32 sen per share. For the first nine months ended Sept 30, 2026 (9MFY2026), Pharmaniaga’s net profit grew 72.07% y-o-y to RM70.23 million, while revenue rose 8.18% to RM3.23 billion. — Pharmaniaga’s 3Q net profit more than triples on tax credit, to launch nine new products in 2027

Hartalega Holdings Bhd’s (KL:HARTA) net profit for the second quarter ended Sept 30, 2026 (2QFY2027) jumped by nearly 80% y-o-y to RM32.8 million as better average selling prices more than offset pricier raw material costs. Quarterly revenue rose to RM644.74 million from RM539.66 million. It did not declare any dividend for the quarter. For the six-month period (1HFY2027), net profit more than tripled to RM102.83 million from RM30.91 million, while revenue climbed to RM1.25 billion. — Hartalega rides on higher ASPs as 2Q net profit surges 80%

Johor Plantations Group Bhd’s (KL:JPG) net profit for 3QFY2026 slipped 5.4% y-o-y to RM100.26 million on the back of lower palm product delivery volumes, but was supported by firmer prices. Quarterly revenue dropped 9.2% to RM450.72 million. It declared an interim dividend of 1.5 sen per share. For 9MFY2026, net profit declined 21.5% y-o-y to RM201.76 million, while revenue edged down 0.9% to RM1.22 billion. — Johor Plantations 3Q net profit slips 5% on lower delivery volumes

Keyfield International Bhd’s (KL:KEYFIELD) net profit for 3QFY2026 was flat y-o-y at RM41.4 million, as lower charter rates offset improved vessel utilisation. Flat earnings were despite a 30.3% increase in revenue to RM172.47 million. It declared a third interim dividend of two sen per share. For 9MFY2026, net profit dropped 6% y-o-y to RM120.61 million, while revenue dropped 5.1% to RM333.17 million. — Keyfield profit flat in 3Q as lower charter rates offset utilisation gains

PIE Industrial Bhd's (KL:PIE) net profit for 3QFY2026 rose 156.5% y-o-y to RM11.53 million on improved factory utilisation and cost controls within its electronics manufacturing services (EMS) segment. Quarterly revenue increased 3.7% to RM212.48 million. No dividend was declared during the quarter. For 9MFY2026, net profit was down 64.73% y-o-y to RM9.13 million, while revenue fell 24.39% to RM535.11 million. — PIE Industrial's 3Q net profit recovers on improved factory utilisation, cost controls

Hektar Real Estate Investment Trust's (KL:HEKTAR) net property income for 3QFY2026 rose 3.5% y-o-y to RM15.44 million, supported by improved property-level operating performance and continued cost optimisation. Quarterly revenue increased 3.17% to RM32.04 million. No income distribution was proposed for the latest quarter. For 9MFY2026, NPI grew 5% y-o-y to RM48.08 million, while revenue edged up 1.1% to RM94.99 million. — Hektar REIT's 3Q net property income rises 3.5% on improved operating performance and cost optimisation

Eco World Development Group Bhd (KL:ECOWLD) is exploring industrial water supply in Negeri Sembilan with state agency, NS Corporation. Parties will jointly study the feasibility of developing a desalination water treatment plant as an alternative and supplementary source of industrial water for Eco World’s industrial parks. — Eco World exploring industrial water supply in Negeri Sembilan with state agency

Rimbunan Sawit Bhd (KL:RSAWIT) is planning to sell 613 hectares of oil palm plantation land in Sarawak for RM18.39 million cash to charitable trust, Lembaga Amanah Kebajikan Masjid Negeri Sarawak (LAKMNS), chaired by state Premier Tan Sri Abang Johari Tun Openg. Rimbunan Sawit said the disposal would streamline its plantation portfolio, unlock the value of its investment and generate cash for working capital. The consideration is about 2.17% above the RM18 million market value assessed by independent valuer Henry Butcher Malaysia (Miri) Sdn Bhd on Sept 15. — Rimbunan Sawit to sell RM18.39 mil plantation land to charity chaired by Sarawak premier