Malaysia's latest corporate earnings season kicks off
Investors and traders are keenly watching the financial disclosures to recalibrate their strategies amid a mix of macroeconomic resilience and evolving sector-specific dynamics.
Rakuten Trade said early indicators point to continued strength in banking, technology, consumer and utilities.
Select counters are expected to deliver resilient earnings, supported by stable demand, cost optimisation and regional tailwinds.
Banks are likely to benefit from sustained interest income strength.
Meanwhile, technology stocks especially those linked to global semiconductor and AI value chains are showing early signs of recovery.
"Our initial review of Q2 results and guidance from key players shows encouraging signs in financial services and selected export-oriented technology stocks," said Kenny Yee, head of research at Rakuten Trade.
"With the ringgit remaining relatively stable and consumer sentiment improving, we also anticipate a moderate rebound in consumer-facing stocks.
"Traders should closely track updates from banking heavyweights, large-cap tech, and staple consumer names to position for medium-term growth," Yee added.
Among early reporters this quarter, Fraser & Neave Holdings Bhd posted a 15.16 per cent year-on-year decline in Q2FY25 net profit to RM140.3 million.
This was attributed to higher tax expenses, startup losses from its dairy operations, and softer revenue.
Westports Holdings Bhd's Q2FY25 net profit grew 15 per cent YoY to RM231 million thanks to higher throughput.
Axis-REIT's net income rose 20.5 per cent YoY to RM46.9 million, driven by higher property income.
Meanwhile, Hartalega Holdings Bhd's Q1 2026 net profit dipped 60 per cent YoY to RM12.6 million due to weaker average selling prices, stronger ringgit and lower capacity utilisation.
With investor sentiment expected to fluctuate throughout August, Rakuten Trade encourages market participants to leverage its digital-first trading platform to capture opportunities across both local and foreign markets.
"We expect this earnings season to stir market activity, creating timely opportunities for traders.
"As Malaysia's first fully digital equity broker, Rakuten Trade offers the most competitive brokerage fees in the market, with fees starting as low as RM1 per trade," said Kazumasa Mise, chief executive officer of Rakuten Trade.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Borneo Post
3 hours ago
- Borneo Post
Masidi: RM1 billion bond repayment due to BN's planning, not Warisan's action
Masidi KOTA KINABALU (Aug 10): Opposition leader Datuk Seri Shafie Apdal has repeatedly claimed that in 2019, his administration paid off RM1 billion in debt left by the previous government, presenting it as evidence of sound financial management. However, State Finance Minister Datuk Seri Panglima Masidi Manjun said the facts tell a different story. Masidi said the bond in question was the State Government of Sabah Bonds (2014/2019), issued in December 2014 during the Barisan Nasional administration. 'Bank Negara Malaysia imposed a condition for the issuance of the bond, that the State Government must set up a dedicated Sinking Fund (Kumpulan Wang Amanah Bagi Bayaran Balik Bon) to ensure full repayment of the bond debt upon maturity. This was a safeguard to prevent the repayment from becoming a huge financial burden on the State's finances,' he explained in a statement on Sunday. Under the terms of the bond, he said the State Government was required to place RM200 million in the Sinking Fund each year for five years, until 2019. By the time the Warisan administration took office in 2018, most of the funds needed for repayment had already been secured. In fact, in the following year there was RM1 billion in the Sinking Fund, which enabled the State Government to make a one-off bullet payment for the full settlement of the bond debt. Therefore, he said it is not accurate to suggest that this repayment was the result of any special action by the Warisan government. The payment was the outcome of prudent financial planning put in place by the previous administration years before the bond matured. 'I have in fact addressed the same issue during my winding-up speech at the State Legislative Assembly sitting in July 2024,' he added. Masidi reaffirmed the current administration's commitment to providing clear and accurate information about the state's finances and to correcting misleading statements.
Daily Express
3 hours ago
- Daily Express
State bond repayment not solely Warisan's doing, says Masidi
Published on: Sunday, August 10, 2025 Published on: Sun, Aug 10, 2025 Text Size: KOTA KINABALU: State Finance Minister Datuk Seri Masidi Manjun ( pic ) has clarified that the repayment of RM1 billion in state bonds in 2019 was not solely the result of actions by the then Warisan government. He said the bonds, issued in December 2014 during the Barisan Nasional administration, came with a Bank Negara Malaysia requirement for a dedicated Sinking Fund to ensure repayment on maturity. Advertisement Under the terms, RM200 million was to be deposited annually into the fund over five years, allowing the state to accumulate the necessary amount before 2019. By the time the Warisan administration assumed office in 2018, most of the funds had already been secured for the repayment. Masidi said the RM1 billion in the Sinking Fund in 2019 enabled a one-off payment to settle the bond debt in full. He stressed that the repayment reflected prudent planning by the previous administration rather than any special initiative by its successor. Advertisement Masidi added that the current government remains committed to providing accurate information on state finances and countering any misleading claims. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
8 hours ago
- New Straits Times
Bursa Malaysia likely to retain uptrend next week
KUALA LUMPUR: Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research, Mohd Sedek Jantan, said the near-term momentum would remain path-dependent on investor sentiment and the regional risk premium. He noted that Malaysia's final second quarter of 2025 (2Q 2025) gross domestic product (GDP) reading, due on Friday (Aug 15), should confirm the economy's resilience, with forecast unchanged at 4.5 per cent year-on-year. "On the same day, China will publish its latest retail sales figures, as we believe the marginal policy impact is now diminishing, with our projection pointing to a moderation to 4.6 per cent year-on-year. "These drivers could recalibrate regional equity risk appetite and influence commodity-linked trade flows into ASEAN markets," he told Bernama. Mohd Sedek also said investors remained focused on United States (US) semiconductor tariff announcement, as tariff-sensitive sectors could experience episodic volatility, "The prevailing global macro narrative is anchored on imminent US Federal Reserve (Fed) rate cuts as it may exert a stronger influence on cross-asset flows, potentially superseding trade-related caution. "We view positive domestic macro prints and robust US corporate earnings should provide further underpinning for the index," he said. Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investors are keeping a close watch on US-China trade relations. He said reports signalled that talks might restart amid escalating tariff impacts and geopolitical uncertainty, both of which are influencing global market trends. On a weekly basis, the benchmark index rose 23.63 points to 1,556.98 on Friday from 1,533.35 a week earlier. The FBM Emas Index increased 76.46 points to 11,601.79, the FBMT 100 Index gained 94.28 points to 11,379.91, and the FBM Emas Shariah Index climbed 93.42 points to 11,634.18. The FBM 70 Index declined 208.34 points to 16,505.53, while the FBM ACE Index dropped 17.49 points to 4,606.88. By sector, the Financial Services Index soared 100.62 points to 17,580.82, the Plantation Index added 55.15 points to 7,426.12, while the Energy Index slipped 12.88 points to 736.72. Weekly turnover swelled to 12.65 billion units worth RM11.65 billion from 15.94 billion units worth RM11.88 billion in the previous week. The Main Market volume shrank to 7.66 billion units valued at RM10.61 billion compared with 8.33 billion units valued at RM10.46 billion previously. Warrants turnover declined to 3.62 billion units worth RM508.07 million from 5.50 billion units worth RM859.03 million in the preceding week. The ACE Market volume decreased to 1.37 billion units valued at RM529.84 million versus 2.10 billion units valued at RM561.51 million a week ago.
