Latest news with #Bhd
Yahoo
30-05-2025
- Business
- Yahoo
Malaysia Steel Works (KL) Bhd First Quarter 2025 Earnings: EPS: RM0.001 (vs RM0.005 in 1Q 2024)
Revenue: RM607.6m (down 8.3% from 1Q 2024). Net income: RM378.0k (down 88% from 1Q 2024). Profit margin: 0.1% (down from 0.5% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: RM0.001 (down from RM0.005 in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Malaysia Steel Works (KL) Bhd shares are down 2.1% from a week ago. You still need to take note of risks, for example - Malaysia Steel Works (KL) Bhd has 2 warning signs (and 1 which is significant) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
The Star
27-05-2025
- Business
- The Star
MKHOP sees strong FY25 outlook supported by steady CPO demand
MKH Oil Palm (East Kalimantan) Bhd chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chong. KUALA LUMPUR: MKH Oil Palm (East Kalimantan) Bhd's (MKHOP) outlook for the financial year ending Sept 30, 2025 (FY25) remains strong. Chairman Tan Sri Alex Chen Kooi Chiew @ Cheng Ngi Chon said this was supported by steady market demand for crude palm oil (CPO), which has been trading at around RM3,600 to RM3,800 per tonne (net of export levy and duty) in Indonesia. 'The group continues to undertake proactive measures on its operations; including enhancing our water management system and maximising crop collection and quality via on-going mechanisation efforts. 'Given the above, the board of directors expected the group to achieve satisfactory results for FY25,' Chen said in a statement. In the second quarter ended March 31, MKHOP's net profit rose 20% to RM19.2mil, or earnings per share of 1.89 sen compared with RM16mil, or 2.36 sen posted in the year-ago quarter. Revenue for the quarter climbed 11.8% to RM96.2mil against RM86mil last year. MHKOP said the good results were due to higher average selling price for CPO and palm kernel (PK), coupled with the commencement of crude palm kernel oil sales in February 2025. The company also declared a first interim single-tier dividend of 2 sen per share for the quarter to be paid on June 25 to shareholders whose names appear on the company's record of depositors on June 12. MKHOP has a policy of declaring 50% of its net earnings as dividends, taking into account the group's working capital requirements. Meanwhile, on a six-month basis, MKHOP's net profit was up 88.7% to RM51.2mil compared to the first half of FY24. Revenue was up 18.1% to RM198.8mil for the same period. Financially, MKHOP remains strong with negligible borrowings. Its cash pile increased to a record RM243.6mil for the period, from RM236.2mil in the previous quarter.
New Straits Times
19-05-2025
- Business
- New Straits Times
George Kent posts RM18.98mil profit in Q4, reverses losses a year ago
KUALA LUMPUR: George Kent (Malaysia) Bhd returned to the black with a net profit of RM18.98 million in the fourth quarter ended March 31, 2025 (4Q25) against a net loss of RM28.57 million a year ago, on the back of higher revenue. Its revenue for the quarter increased to RM38.13 million from RM30.66 million previously. As a result, the company registered an earnings per share of 3.64 sen against a loss per share of 5.47 sen in 4Q24. For the full year of FY25, George Kent recorded a net profit of RM4.69 million from a net loss of RM25.75 million a year ago, while revenue increased to RM137.86 million from RM134.45 million previously. The company declared a second interim dividend of 0.75 sen per share for FY25, payable on July 1. On a segmental basis, George Kent said its metering division delivered steady performance with 4Q25 revenue of RM31.53 million, supported by resilient domestic demand and improvement in international markets. The company is gaining momentum in Latin America, leveraging the region's increasing emphasis on smart infrastructure and efficient water management. The company noted that these developments are well aligned with its proven metering capabilities and innovation-driven roadmap. Meanwhile, its engineering division marked a strong recovery, driven by the commencement of two new infrastructure projects. George Kent continues to be optimistic about the division's prospects, actively pursuing opportunities in rail and water infrastructure, supported by its proven track record and execution capabilities. Executive chairman Tan Sri Tan Kay Hock said the company continue to focus on expanding into new markets, driving innovation across business segments and strengthening its regional footprint to support long-term sustainable growth. While global trade tensions and tariff discussions persist, he said the company does not foresee any impact due to its diversified regional strategy. He added that the company's expansion into Southeast Asia and Latin America has helped it to build a resilient business model and sustain growth momentum despite macroenonomic uncertainties. "Technology remains a key pillar of our long-term growth strategy. During the quarter, we established GK SuperTech Sdn Bhd, our wholly-owned subsidiary, to spearhead high-techonology and artificial intelligence initiatives. "With over a decade of expertise in automated metre reading (AMR), GK SuperTech will harness AI to enhance connectivity and operational efficiency across industries such as telecommunications, metering solutions, and other critical applications," he said.
Zawya
10-04-2025
- Business
- Zawya
Cuckoo Malaysia delays IPO due to volatile global market
SINGAPORE: Household goods maker Cuckoo International (MAL) Bhd is postponing its initial public offering on the Malaysian stock exchange by two months due to the current global market volatility, according to a statement late Wednesday. The IPO was expected to raise more than 470 million ringgit ($105.22 million) when launched in March. The listing, initially planned for April 30, is now anticipated to be completed by June 24, Cuckoo Malaysia said. "As the market presents near-term challenges, we believe that this is a prudent decision," Chief Executive Officer Hoe Kian Choon said in the statement. "We remain confident in the company's long-term prospects and is committed to maintaining the company's momentum across all business segments." The company said it will allow investors who have submitted their applications to withdraw from the IPO. It will issue a supplementary prospectus and announce details of the withdrawal process in due course. The rescheduling of the IPO came against the backdrop of volatile global markets triggered by escalating trade tensions. U.S. President Donald Trump declared overnight an immediate 90-day tariff pause for many countries but raised the levy on Chinese imports to 125%. ($1 = 4.4670 ringgit) (Reporting by Yantoultra Ngui; Editing by Eileen Soreng)
Reuters
10-04-2025
- Business
- Reuters
Cuckoo Malaysia delays IPO due to volatile global market
SINGAPORE, April 10 (Reuters) - Household goods maker Cuckoo International (MAL) Bhd ( opens new tab is postponing its initial public offering on the Malaysian stock exchange by two months due to the current global market volatility, according to a statement late Wednesday. The IPO was expected to raise more than 470 million ringgit ($105.22 million) when launched in March. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. The listing, initially planned for April 30, is now anticipated to be completed by June 24, Cuckoo Malaysia said. "As the market presents near-term challenges, we believe that this is a prudent decision," Chief Executive Officer Hoe Kian Choon said in the statement. "We remain confident in the company's long-term prospects and is committed to maintaining the company's momentum across all business segments." The company said it will allow investors who have submitted their applications to withdraw from the IPO. It will issue a supplementary prospectus and announce details of the withdrawal process in due course. The rescheduling of the IPO came against the backdrop of volatile global markets triggered by escalating trade tensions. U.S. President Donald Trump declared overnight an immediate 90-day tariff pause for many countries but raised the levy on Chinese imports to 125%. ($1 = 4.4670 ringgit)
