Latest news with #RM29.6m
The Star
08-05-2025
- Business
- The Star
Trading ideas: Pavilion REIT, Capital A, Pharmaniaga, Marine & General, SCRB, SD Guthrie, I-Bhd
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Pavilion REIT has secured unitholders' approval to acquire Banyan Tree and Pavilion Hotel KL for RM480m, reducing Pavilion Mall's portfolio weight to 58.5% Capital A received 99.99% shareholder approval for its PN17 regularisation plan, marking a key step to address financial distress. Pharmaniaga 's 1QFY12/25 net profit increased 15.3% YoY to RM29.6m, thanks to higher sales and cost optimisation efforts, which resulted in a 2.5% reduction in operating expenses. Marine & General is forming a joint venture with WHS Global Engineering to expand into oil and gas engineering. Supreme Consolidated Resources plans to acquire 14,690 sq metres of land in Kuching for RM5.6m to build a new warehousing and cold storage facility. SD Guthrie Bhd, formerly known as Sime Darby Plantation Bhd , delivered a strong first-quarter (1QFY25) result on the back of improved contribution from the upstream segment. I-Bhd executive chairman Tan Sri Lim Kim Hong in delivering the group's report for the first-quarter of 2025 (1QFY25), said the company's strong start reflects its evolution into a more balanced, asset-driven business.
Yahoo
14-04-2025
- Business
- Yahoo
Oiltek International Full Year 2024 Earnings: EPS Beats Expectations
Revenue: RM230.3m (up 14% from FY 2023). Net income: RM29.6m (up 55% from FY 2023). Profit margin: 13% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.21 (up from RM0.13 in FY 2023). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Performance of the market in Singapore. The company's shares are down 5.5% from a week ago. It is worth noting though that we have found 2 warning signs for Oiltek International that you need to take into consideration. 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.
Yahoo
12-02-2025
- Business
- Yahoo
Oiltek International Full Year 2024 Earnings: EPS Beats Expectations
Revenue: RM230.3m (up 14% from FY 2023). Net income: RM29.6m (up 55% from FY 2023). Profit margin: 13% (up from 9.5% in FY 2023). The increase in margin was driven by higher revenue. EPS: RM0.21 (up from RM0.13 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Construction industry in Asia. Performance of the market in Singapore. The company's shares are down 4.2% from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for Oiltek International 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
