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January 25, 2021
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Tag: earnings

Business

Earnings outlook for Malaysian banks intact – for now

January 22, 2021 - by admin

PETALING JAYA: Following Bank Negara Malaysia’s (BNM) decision to maintain its Overnight Policy Rate (OPR) at 1.75%, earnings forecasts for domestic banks are intact for the time being, as there …

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Malay Mail

Hartalega’s Q3 earnings likely to surge 643pc to record high, says RHB Investment | Money

January 19, 2021 - by admin

RHB Investment Bank, which is maintaining a “buy” on Hartalega with a target price of RM23.50, said the rubber glove maker was likely to release its Q3 results in two …

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Malay Mail

US stocks fall on bank earnings, retail sales | Money

January 15, 2021 - by admin

The broad-based S&P 500 also slid 0.8 per cent to 3,764.06, and the tech-rich Nasdaq Composite Index stood at 13,012.00. ― Reuters pic NEW YORK, Jan 15 — Wall Street …

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Business

Investors await US corporate quarterly earnings and outlooks for a view into 2021

January 10, 2021 - by admin

NEW YORK: Investors will be anxious to see whether upcoming quarterly reports and outlooks from US companies validate expectations for a strong 2021 rebound in earnings and the economy, which …

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Business

Eco World Development posts lower Q4 earnings on inventory writedowns

December 20, 2020 - by admin

PETALING JAYA: Eco World Development Group Bhd’s net profit slid 18.4% to RM66.46 million for its fourth quarter ended Oct 31 against RM81.46 million reported in the same quarter of …

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Business

VS Industry’s Q1 net profit up 38.7% to RM66.68m, its best-ever quarterly earnings

December 20, 2020 - by admin

PETALING JAYA: VS Industry Bhd saw a 38.7% increase in net profit for its first quarter ended Oct 31 to RM66.68 million, from RM48.07 million registered a year before, chiefly …

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Business

Improved Q3 earnings picture points to better quarters ahead

December 3, 2020 - by admin

PETALING JAYA: The recently concluded third-quarter corporate earnings period has provided some hope for the upcoming quarters, analysts said, despite 2020 being a write-off year. PublicInvest Research said whether it …

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Business

MISC’s third-quarter earnings 2.9% lower, weighed down by offshore, LNG segments

November 18, 2020 - by admin

PETALING JAYA: MISC Bhd’s net profit for the third quarter ended Sept 30, 2020 fell 2.9% to RM258.3 million from RM266.1 million a year ago mainly dragged down by the …

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Business

Lotte Chemical Titan Q3 earnings lower by 13.7%

October 29, 2020 - by admin

PETALING JAYA: Lotte Chemical Titan Holding Bhd’s net profit for the third quarter ended Sept 30, 2020 fell 13.7% to RM78.77 million from RM91.30 million a year ago as a …

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Business

Big week for Big Tech as earnings, hearings loom

October 25, 2020 - by admin

SAN FRANCISCIO: Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the pandemic, and fresh attacks from lawmakers ahead of the November …

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