Latest news with #RM143.2
Malaysian Reserve
6 days ago
- Business
- Malaysian Reserve
Hextar Healthcare swings to RM3.5m loss in 1Q on lower sales, higher costs
HEXTAR Healthcare Bhd reported a net loss of RM3.5 million for the first quarter ended March 31, 2025 (1QFY2025), reversing a net profit of RM632,000 a year earlier. The loss was attributed to lower sales revenue and higher costs stemming from underutilisation of its production plant. Quarterly revenue fell 6.69% to RM37.63 million from RM40.32 million in the same period last year. In a filing with Bursa Malaysia, its MD Khoo Chin Leng said the company remains cautiously optimistic as the glove market gradually normalises, despite ongoing global trade and supply chain uncertainties, particularly from U.S. tariff policies. He acknowledged that current soft demand and weak pricing may persist in the short to medium term. Despite the challenging outlook, Khoo affirmed the group's commitment to becoming a leading healthcare industry player through continuous innovation and growth. Hextar Healthcare's shares closed 9.09% higher at 12 sen TODAY, giving it a market capitalisation of RM143.2 million. –TMR
BusinessToday
15-05-2025
- Business
- BusinessToday
99 Speed Mart's Q1 Revenue Hits RM2.61 Billion PAT Increases To RM143 Million
99 Speed Mart Retail Holdings Berhad announced its results for the first quarter of its financial year ending 31 December 2025, delivering a 7.7% year-on-year growth in revenue to RM2.61 billion. The profit before tax and profit after tax increased by 6.6% and 7.5%, Y-o-Y, to RM190.2 million and RM143.2 million respectively. Total sales transactions for the quarter rose 7.8% to 119.6 million with the average ticket size remaining stable at RM21.80. The Board of Directors has declared a first interim dividend of 2.25 sen per ordinary share, amounting to approximately RM189 million in respect of the financial year ending 31 December 2025. The entitlement date is fixed on 29 May 2025, and payment will be made on 9 June 2025. Related
