Yong Tai net loss swells in 4QFY22 due to whopping RM113.1 mil impairment
Yong Tai Bhd's net loss swelled to RM135.34 million in the fourth financial quarter ended June 30, 2022 (4QFY22), mainly due to an impairment loss of RM113.1 million.
Yong Tai Bhd's net loss swelled to RM135.34 million in the fourth financial quarter ended June 30, 2022 (4QFY22), mainly due to an impairment loss of RM113.1 million.
Mulpha International Bhd’s net profit rose 15.8% to RM35.77 million or earnings per share of 11.5 sen in the second quarter ended June 30, 2022 (2QFY22), from RM30.9 million or 9.72 sen a year ago.
AME Elite Consortium Bhd's net profit for the first quarter ended June 30, 2022 (1QFY23) fell 15.65% to RM6.09 million from RM7.21 million in the same period last year mainly due to a finance cost of RM2.68 million, resulting from the unwinding of a discount on deferred land purchase considerations.
Sunsuria Bhd net profit rose 17% to RM4.16 million for the third quarter ended June 30, 2022 (3QFY22) from RM3.57 million a year ago, as sales momentum rose amid normalising economic activities and the reopening of international borders.
Paramount Corp Bhd's net profit jumped 5.6 times to RM9.12 million in the second quarter ended June 30, 2022 (2QFY22) from RM1.62 million in the same quarter a year ago, boosted by a higher revenue.
Chin Hin Group Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) got a big boost from the revaluation of its 19.34% stake in Solarvest Holdings Bhd.
Police have arrested eight men, including four with the title of Datuk, for suspected involvement in the illegal transfer of three plots of government land worth more than RM100 million in Kluang.
Sime Darby Property Bhd said on Friday (Aug 26) labour shortage presents challenges to the property developer to fully recognise its profit and revenue due to delayed works at its construction sites.
Eco World Development Group Bhd (EcoWorld) and Public Bank Bhd signed a memorandum of understanding (MOU) today to provide green and sustainable development financing.
The construction Rumah Idaman Bukit Jelutong affordable homes took another step forward today with a ground-breaking ceremony.