Latest news with #RM191
Focus Malaysia
4 days ago
- General
- Focus Malaysia
Discarded CIMB ATM slip displaying 6-figure balance elicits envious, hilarious responses online
FINANCIALLY straitened times lead to envious eyes. So it would seem when a discarded bank slip from an ATM (automated teller machine) bearing a six-figure balance led to all manner of remarks when shared on social media. As shared on Malaysia Viral Story Facebook page, the person in front of the poster's grandad had forgotten to collect the bank slip which bore a whopping balance of RM191,127! The post has already generated 5.7K likes, 1.7K comments and 429 shares at time of publication. With the cost-of-living crisis biting hard, this sum would come in quite handy for many, judging from the many comments posted. Apparently, this busy-body behaviour is quite common with one commenter admitting his eyes go through the slips in the waste paper basket just to see what the balance were in total strangers' bank accounts. One commenter second-guessed that it could be a 'personal loan cash, hence it was plentiful' while admitting that this was very much a sour grapes observation. Keep big sum of money in separate accounts to avoid getting scammed! That was a pertinent advice proffered by one commenter targeting specifically at senior citizens. It was also sarcastically remarked that the slip was left behind on purpose to teach the younger generation the value in saving cash. Enjoy it while you can seem to be the advice offered by one observer. If you don't, you may regret it he pointed out. Hilarity aside, one commenter did ask a very pertinent question. Why was it anybody's business? One thing to note about this story. Be very careful with your ATM slips. Prying eyes and busy bodies are everywhere. Next thing you know, your bank details (although redacted here) could very well go viral online, inviting much unwanted attention. – Aug 7, 2025
New Straits Times
6 days ago
- Business
- New Straits Times
Lotte Chemical Titan trims 2Q net loss to RM173.09mil
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024. In a filing with Bursa Malaysia today, revenue declined by 19 per cent to RM1.43 billion from RM1.78 billion in 2Q FY2024, mainly due to weaker average selling prices and the US dollar against the ringgit. In 2Q FY2025, the average plant utilisation was 46 per cent, slightly lower than the 47 per cent in 2Q FY2024. "Despite lower revenue, the group's loss before tax was reduced by 42 per cent to RM191 million in 2Q 2025, primarily attributed to margin improvement. "The reduction was further contributed by the lower distribution and administrative expenses, along with a one-off insurance claim in respect of a business interruption that happened in 2022," it said. For the first six months ended June 30, 2025, LCT recorded a net loss of RM298.76 million compared with a net loss of RM426.91 million previously. Revenue fell to RM2.93 billion from RM3.69 billion in the same period last year. Moving forward, LCT president and chief executive officer Jang Seon Pyo said the company expects global business environment to remain volatile in the near future. He said ongoing geopolitical tensions, such as the Russia-Ukraine war and unrest in the Middle East, would continue to pose risks. Besides, the United States (US) reciprocal tariff is emerging as a factor that is reshaping global trade dynamics. In parallel, a persistent oversupply of petrochemical products continues to affect the supply and demand dynamics, both regionally and globally. "Despite these challenges, we remain committed to maintaining our position in key regional markets, especially in Malaysia, Indonesia, and across Southeast Asia. "With measured outlooks on regional gross domestic product growth and cautious operating rate projections, we will continue to navigate the current cycle with prudence," he said. Meanwhile, Jang also said that the Lotte Chemical Indonesia New Ethylene (LINE) Project in Merak, Indonesia is set to commence commercial operations in the second half of 2025. The management will continue to closely monitor market dynamics and provide updates on the project's progress accordingly, he added. LCT is the subsidiary of Lotte Chemical Corporation under the Lotte Group.
