Latest news with #RM13.5mil
The Star
23-05-2025
- Business
- The Star
Hextar Global to ride on 1Q momentum
KUALA LUMPUR: Hextar Global Bhd is cautiously optimistic that the momentum seen in the first quarter of 2025 (1QFY25) will carry into the coming quarters. The positive outlook was underpinned by the speciality chemicals segment, which continues to see strong demand, as well as the agriculture segment, which is showing early signs of recovery, said group managing director Lee Chooi Keng. "Moving forward, we remain focused on cost discipline, capital efficiency, and unlocking value across our portfolio, including expanding our specialty chemicals market share. "We are also positioning to capture seasonal upside in the fruits segment in the coming quarters,' she said in a statement announcing the company's 1QFY25 result. During the quarter, Hextar Global posted a net profit of RM13.5mil and revenue of RM238.55mil, an improvement from net profit of RM12.14mil and revenue of RM232.27mil in the year-ago quarter. Quarterly earnings per share rose to 0.35 sen from 0.31 sen previously. According to the group's statement, the increase in revenue was mainly supported by higher sales contributions from the speciality chemicals and agriculture segments amounting to RM23.5mil and RM5.2mil respectively. However, the improvement was partially off-set by a RM22.4mil lower performance from the Fruits segment largely due to lower inventory carry-over from the previous year and softer export demand.
The Star
09-05-2025
- The Star
Scammers eye teachers and retirees
JERTEH: Teachers and retirees who share personal updates such as retirement plans or feelings of loneliness on social media are increasingly being targeted by online scammers, it was revealed. Terengganu Education Department deputy director Kamsah @Kamal Mohamed said such posts attracted scammers who exploited retirees through love scams, fake investments and bogus loans. 'Many of the victims are teachers and retirees. From January 2023 to April this year, police recorded 609 online scam cases in Terengganu with total losses amounting to RM13.5mil,' he told an online scam awareness programme organised by the National Scam Response Centre here yesterday, Bernama reported. Kamsah said in Besut alone, 18 scam cases were recorded last year, with losses totalling RM457,438. So far this year, he said eight more cases were reported, with RM107,157 in losses.
The Star
09-05-2025
- The Star
Teachers, retirees the favourite targets of scammers on social media
JERTIH: Teachers and retirees who share personal updates such as retirement plans or feelings of loneliness on social media are increasingly being targeted by online scammers. Terengganu Deputy Education Director Kamsah@Kamal Mohamed said such posts often attract scammers who exploit victims through tactics like love scams, fake investment offers, and bogus loan schemes. "Many of the victims are educators and retirees. From January 2023 to April this year, police have recorded 609 online scam cases in Terengganu, with total losses amounting to RM13.5mil,' he said. He was speaking at an online scam awareness programme held on Friday (May 9) at SMK Tengku Mahmud here, organised by the National Scam Response Centre (NSRC). "In Besut alone, 18 scam cases were recorded last year, with losses totalling RM457,438. So far this year, eight more cases have already been reported, involving RM107,157 in losses. "Several of these victims were teachers,' he added. He expressed hope that awareness programmes like this would help teachers remain vigilant and avoid falling prey to online scams.- Bernama
