Analysts maintain GDP forecast despite IPI falling more than expected
Rapid improvement in the global energy demand, spurred by the coronavirus vaccine optimism, may provide some support to the industrial sector
Analysts remain cautious about job market recovery
The loss of employment is concentrated in Selangor and Kuala Lumpur, which hold some of the highest numbers of positive cases in the country
Sunsuria's 4Q net profit triples q-o-q to RM9m on further work progress, cost-cutting measures on non-critical expense items
Sunsuria in October entered into two agreements to venture into the development of Bangsar Hill Park — a high-rise residential project along Lorong Maarof — and Nadi @ TAR, a high-rise mixed commercial project along Lorong Tuanku Abdul Rahman in Kuala Lumpur.
Most Malaysian businesses only expect to return to pre-Covid profitability by end of 2022 — survey
According to HSBC global survey Navigator: Now, next and how, which surveyed more than 10,000 companies across 39 markets in the world, Malaysia’s businesses have lowered their growth expectations, but they are still more positive than their regional peers.
MBSB rises as much as 6.84% after returning to black in 3Q
AmInvestment Bank Research analyst Kelvin Ong said in a note today that the group’s normalised earnings for 9MFY20 were above expectations, making up 97.9% and 85.9% of the research house's and the consensus FY20 net profit estimates respectively.
UOB Malaysia expects Malaysian economy to contract 5.5% this year, rebound 6% next year
Her forecast was lower than the official forecast of -4.5% this year, and 6.5% to 7.5% next year.
MRCB’s 3Q net profit slumps 63% on slower construction progress at its projects
The company’s immediate priorities in 2020 remain on enhancing cashflow by monetising its inventory of unsold completed stocks and focusing on its projects in hand.
BCB's 1Q net profit falls 56.34% on lower property sales
The Johor Bahru-based property developer told Bursa Malaysia that its revenue for 1QFY21 had dropped by 27.07% to RM76.66 million, from RM105.12 million.
