Latest news with #789
The Sun
19-05-2025
- Automotive
- The Sun
789 traffic police personnel mobilised for ASEAN Summit
KUALA LUMPUR: A total of 789 personnel from the Royal Malaysia Police (PDRM) Traffic Investigation and Enforcement Department (JSPT) will be mobilised to ensure smooth traffic flow during the ASEAN Summit and related meetings in the federal capital from Friday until May 28. Bukit Aman JSPT director Datuk Seri Mohd Yusri Hassan Basri said they comprised 292 personnel from the Kuala Lumpur contingent, while the remaining 497 are from other contingents. 'The operation will involve 36 patrol vehicles, 313 high-powered motorcycles and 190 additional motorcycles, as well as tow trucks to clear obstructing vehicles from the roads. 'As road closures will take effect from May 23, the public is advised to stay updated through the media, plan their journeys, use alternative routes and opt for public transport,' he told reporters after delivering a briefing to JSPT personnel at the Kuala Lumpur Police Training Centre today. Mohd Yusri said a dry-run would be conducted on May 21 and 22, involving motorcade movements, route security, location control and other duties. 'These on-ground rehearsals will provide early notice to road users regarding the upcoming road closures,' he said. He added that enforcement operations, including Op Samseng Jalanan, would continue around the city centre to ensure users adhere to traffic regulations.
News18
05-05-2025
- Business
- News18
DMart Share Price Fall 3% Post Q4 Earnings; Should You Buy, Sell, Or Hold?
Last Updated: Dmart Share Price: Avenue Supermarts Ltd's shares fell nearly 3 percent after weak Q4 FY25 earnings. Net profit declined 2 percent YoY to Rs 551 crore. DMart shares fall 2% post q4 earnings; should you buy, sell, or hold? DMart Share Price Today: Radhakishan Damani-led Avenue Supermarts Ltd's shares, the owner of DMart retail chains, fell almost 3 per cent in the morning session on Monday, May 05, following a weak quarter earnings in Q4 FY25. The company reported a consolidated net profit of Rs 551 crore for the quarter ended March 31, 2025, marking a 2 per cent decline Year-on-Year from Rs 563 crore in the corresponding quarter of the previous financial year 2023-24. The scrip was trading at Rs 3,957 per share with a loss of 2.55 per cent, against the previous day close at Rs 4,060 apiece. DMart Q4 FY25 Results DMart's total revenue stood at Rs 14,462 crore, YoY growth of 16.7 per cent. EBITDA was Rs 981 crore, YOY growth of 4.4 per cent. Basic EPS for Q4FY25 stood at Rs 9.52, as compared to Rs 9.28 for Q4FY24. 28 stores were added in Q4FY25. DMart Q4 FY25 Financials Total Revenue for FY25 stood at Rs.59,358 crore, as compared to Rs.50,789 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in FY25 stood at Rs.4,487 crore, as compared to Rs.4,104 crore during FY24. EBITDA margin stood at 7.6% in FY25 as compared to 8.1% in FY24. Net Profit stood at Rs.2,707 crore for FY25, as compared to Rs.2,536 crore in FY24. PAT margin stood at 4.6% in FY25 as compared to 5.0% in FY24. Basic Earnings per share (EPS) for FY25 stood at Rs. 41.61 as compared to Rs. 38.99 for FY24. D-Mart follows Everyday low cost – Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices. Dmart Share Price Target International brokerage Jefferies has maintained its 'hold' rating on DMart but trimmed its target price to Rs 4,100 from Rs 4,225, citing disappointment over the company's lacklustre margin performance in the recent quarter. Motilal Oswal, meanwhile, acknowledged the intensifying pricing competition in the Quick-Commerce (QC) space due to the entry of large offline and online players. The firm noted that this could weigh on DMart's growth and margins in the near term. However, it expressed confidence in the company's long-term prospects, stating, 'DMart's superior store economics would ensure its competitiveness and relevance to customers over the longer term." It reiterated its 'buy' recommendation, but revised its target price downward to Rs 4,350 from Rs 4,650. HDFC Securities also lowered its target price on Avenue Supermarts to Rs 3,850 from Rs 3,950, emphasizing the importance of maintaining a strong value proposition, enhancing product assortment, and sustaining operational efficiency to support future performance. First Published: May 05, 2025, 10:16 IST
The Star
29-04-2025
- The Star
Hongkonger conned out of HK$2mil trying to recover HK$5,000 lost in scam
Fraudster claimed to know a 'team' that could help recover funds lost in scams, but told victim she had to pay a deposit first, police say. — SCMP A Hong Kong woman has been duped out of an additional HK$2mil (RM1.12mil or US$257,824) after a swindler posing as a victim offered to help her recover HK$5,000 (RM2,789) she lost earlier in an online shopping scam, according to police. The force said on April 28 that the fraudster claimed to know a 'team' that could help recover funds lost in scams, but told the victim that she had to pay a deposit for its services. The woman, 37, was tricked into the recovery scheme earlier this month after a person on Telegram told her he had also been scammed. On their CyberDefender Facebook page, police revealed that 'this person pretended to be another victim and falsely claimed that a team behind such scams had successfully recovered the losses'. The fraudster then instructed the woman to pay the deposit to access those services. 'Believing the claim, the victim transferred money to the scammer 13 times within one week, totalling nearly HK$2mil,' police said. After discussing the situation with friends, she realised she had been scammed again and subsequently reported the case to police last week. Last year, police issued a reminder to the public regarding the dangers of recovery scams, noting that fraudsters often target people who have already been victims. In June last year, the force highlighted a rising trend of fraudulent websites and companies falsely claiming to recover lost money under the pretence of being private investigators or legal service providers. These organisations primarily advertised online, seeking to exploit victims further. The force said that fraudsters often preyed on victims' urgent desire to recover lost money, 'claiming they can use lawyers or even police officers to assist in retrieving funds,' thereby initiating a 'second scam'. Police urged the public to remain vigilant about anyone or any organisation claiming they could recover lost money, as victims might end up being scammed again. 'Police will never instruct victims to transfer money or request online banking passwords. If someone claims to be a police officer and you are unsure of their identity, call the 'Anti-Scam Helpline 18222' for verification,' the force said. Before seeking help from professionals, people should thoroughly cross-check their background and qualifications, and examine their credibility through various sources, it added. Official statistics showed that the total amount of money Hong Kong residents lost in online shopping scams increased by 87% to HK$356mil (RM198.64mil) last year. Officers handled 11,559 online shopping fraud cases in 2024, marking a 29.2% increase from 8,950 cases in 2023. Correspondingly, monetary losses surged from HK$191mil (RM106.57mil). To help the public identify fraudulent schemes, authorities encouraged the use of the police's 'Scameter' search engine to verify suspicious websites, emails, usernames, bank accounts, mobile numbers and IP addresses. Reports of online shopping fraud accounted for 37% of all technology-related crimes last year. In 2024, police handled 33,903 technology-related crime cases, resulting in financial losses totalling HK$5.129bil (RM2.86bil). – South China Morning Post
Yahoo
24-04-2025
- Business
- Yahoo
Saia (SAIA) Reports Earnings Tomorrow: What To Expect
Freight transportation and logistics provider Saia (NASDAQ:SAIA) will be reporting results tomorrow morning. Here's what investors should know. Saia beat analysts' revenue expectations by 1.5% last quarter, reporting revenues of $789 million, up 5% year on year. It was a strong quarter for the company, with an impressive beat of analysts' sales volume estimates and a decent beat of analysts' adjusted operating income estimates. Is Saia a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Saia's revenue to grow 7.7% year on year to $813 million, slowing from the 14.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.76 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Saia has missed Wall Street's revenue estimates four times over the last two years. Looking at Saia's peers in the ground transportation segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Old Dominion Freight Line's revenues decreased 5.8% year on year, meeting analysts' expectations, and Ryder reported revenues up 1.1%, in line with consensus estimates. Read our full analysis of Old Dominion Freight Line's results here and Ryder's results here. Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the ground transportation stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.5% on average over the last month. Saia is down 12.3% during the same time and is heading into earnings with an average analyst price target of $426.20 (compared to the current share price of $330.72). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Sign in to access your portfolio
Sharjah 24
25-02-2025
- Business
- Sharjah 24
GPSSA to disburse February pension payments on Thursday
Increase in pension disbursements This marks an increase of AED53,560,499 from February last year, when pension payments totaled AED760,789,820.34. Payments benefiting more pensioners The payments will benefit 49,341 pensioners and beneficiaries, up by 1,617 compared to the 47,724 receiving disbursements in February 2024. Coverage of pension payments The expenses incurred include civilians subject to the federal pension and social security law implemented by the GPSSA, as well as pensioners and beneficiaries managed by the GPSSA on behalf of the Ministry of Finance and in accordance with applicable pension laws.
