Latest news with #RM5.39
The Sun
30-07-2025
- Business
- The Sun
Terengganu records 73,051 agricultural holdings in 2023
KUALA TERENGGANU: A total of 73,051 agricultural holdings were recorded in Terengganu for the 2023 reference year, according to State Agriculture, Agro-Based Industry, Food Security and Commodities Committee chairman Datuk Dr Azman Ibrahim. He revealed that 99.1% or 72,367 were individual holdings, while the remaining 0.9% or 684 were under organisations. The crop sub-sector dominated with 58,435 holdings, followed by livestock (12,018), capture fisheries (3,013), aquaculture (988), and logging and forestry (195). 'Terengganu is the largest contributor to the livestock sub-sector, accounting for 25.7% of the total 46,781 agricultural holdings nationwide,' said Dr Azman, citing the 2024 Agriculture Census by the Department of Statistics Malaysia. The state also recorded 227,000 hectares of cultivated land, with oil palm leading in both cultivated and harvested areas, followed by rubber and padi. The crop sub-sector generated RM4.03 billion in sales, while livestock contributed RM403.72 million, fisheries RM438.89 million, aquaculture RM251.54 million, and forestry RM256.87 million. 'The agricultural sector in Terengganu recorded a total revenue of RM5.39 billion, reflecting its significant economic impact,' he added. The census data will aid in policy-making and development strategies to enhance food security and sector competitiveness. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin, also present at the event, emphasised that an agricultural holding refers to any entity managing agricultural activities, regardless of land size or ownership. - Bernama
New Straits Times
24-07-2025
- Automotive
- New Straits Times
Betamek Q1 net profit up 10.5pct, declares one sen dividend
KUALA LUMPUR: Betamek Bhd's net profit rose to RM5.39 million for the first quarter (Q1) ended June 30, 2025, up 10.5 per cent from RM4.88 million a year ago, driven by stronger domestic sales and improved cost management. The growth came despite higher administrative and operating expenses, which the company said were mainly related to staff costs, professional fees and amortisation charges. Revenue for the quarter grew 13.8 per cent year-on-year to RM56.88 million from RM49.97 million, underpinned by higher contribution from non-automotive products and steady demand for its core vehicle audio and accessories segment. In a filing with Bursa Malaysia, the company said core vehicle and accessories segment remained the largest revenue driver, contributing RM50.24 million or 88.3 per cent of total sales. "The Malaysian market remained the group's key focus, contributing 97.2 per cent of total revenue, with the balance derived from Hong Kong and Japan," it said. Betamek declared a first interim single-tier dividend of one sen per share for the financial year ending March 31, 2026. The ex-date is Aug 6, 2025, with payment scheduled for Aug 20. Executive director Muhammad Fauzi Abd Ghani said the group's solid start to the financial year was supported by ongoing progress in its diversification strategy and operational improvements, particularly at Sanshin Malaysia. "This performance reflects our ability to adapt and grow sustainably even as the market normalises following a record year," he said in a statement. "We remain focused on strengthening our customer base, investing in automation, and developing innovative product solutions across both automotive and non-automotive sectors."
