Latest news with #MRP
Borneo Post
2 days ago
- Business
- Borneo Post
Skills-based programmes key to tackling youth drug issues, says Opar rep
Billy (second right) presents the mock cheque for the MRP grant to Sim, as Albert (left) and Tan look on. MIRI (June 15): Constructive and skills-based programmes are crucial intervention tools in the rising youth involvement in drug-related issues. This was highlighted by Opar assemblyman Billy Sujang when met after a visit to the Domino Academy here recently, where he praised the academy for offering impactful initiatives in financial literacy, community service, entrepreneurship, and soft skills training. 'All these would further position the academy as a crucial force in building socially-conscious future leaders. 'Have faith in what you do, remain humble, and always serve with sincerity. Leadership begins with values and a sense of responsibility to the community. 'Real development is not just about running programmes, but about shaping a generation that leads with integrity, compassion and conviction,' he said in a brief remark. The visit underscored the state's commitment to youth development and showcased how collaboration between community leaders and local organisations such as Domino Academy could create impactful change at the grassroots level. During his visit, Billy handed over a Minor Rural Project (MRP) allocation of RM31,311 to the Miri Domino Charity Association. The grant was meant to support the 'Experiential Leadership and Entrepreneurship Bootcamp' slated for this Aug 23-24 in Kuching. The programme would focus on practical learning and values-based leadership, and targets youths from the Opar constituency. Also present were the association's vice president Sim Poh Giap, secretary Zoel Tan, committee member Albert Lawrence as well as the academy's trainees and interns. Billy Sujang Domino Academy drugs lead youth
Yahoo
6 days ago
- Business
- Yahoo
Mr Price Group Full Year 2025 Earnings: EPS: R14.16 (vs R12.76 in FY 2024)
Revenue: R40.7b (up 8.3% from FY 2024). Net income: R3.65b (up 11% from FY 2024). Profit margin: 9.0% (up from 8.7% in FY 2024). The increase in margin was driven by higher revenue. EPS: R14.16 (up from R12.76 in FY 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Apparel segment contributing a total revenue of R31.5b (77% of total revenue). Notably, cost of sales worth R23.6b amounted to 58% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to R8.46b (63% of total expenses). Explore how MRP's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Specialty Retail industry in South Africa. Performance of the South African Specialty Retail industry. The company's shares are down 3.5% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for Mr Price Group that you need to be mindful of. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Mr Price Group Full Year 2025 Earnings: EPS: R14.16 (vs R12.76 in FY 2024)
Revenue: R40.7b (up 8.3% from FY 2024). Net income: R3.65b (up 11% from FY 2024). Profit margin: 9.0% (up from 8.7% in FY 2024). The increase in margin was driven by higher revenue. EPS: R14.16 (up from R12.76 in FY 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the Apparel segment contributing a total revenue of R31.5b (77% of total revenue). Notably, cost of sales worth R23.6b amounted to 58% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to R8.46b (63% of total expenses). Explore how MRP's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Specialty Retail industry in South Africa. Performance of the South African Specialty Retail industry. The company's shares are down 3.5% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for Mr Price Group that you need to be mindful of. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
09-06-2025
- Business
- Borneo Post
50 organisations in Repok benefit from MRP grant distribution
Huang (seated 8th left) in a group photo with the MRP recipients. SARIKEI (June 9): A total of 50 organisations and non-governmental organisations (NGOs) from the Repok state constituency received minor rural project (MRP) grants in the form of cheques. Repok assemblyman Datuk Seri Huang Tiong Sii said this initiative is part of the government's ongoing efforts to expedite the distribution of assistance and funding to the organisations and NGOs. 'The funds disbursed aims to support local organisations and NGOs in implementing projects and activities that benefit both the local community and their respective associations. 'This initiative is also part of the Gabungan Parti Sarawak (GPS)-led Sarawak government's continuous efforts to prioritise the welfare of the people, especially in rural areas,' Huang said. He made these remarks during the MRP cheque presentation ceremony for DUN Repok, held at Repok constituency service centre office yesterday. Huang, who is also Sarikei MP added the Sarawak government remains committed to safeguarding the interests of the people and ensuring that no group is left out of development progress. 'Through this effort, we believe it can serve as a platform to foster unity and positively impact the well-being of the people. 'At the same time, we hope that all parties and grant recipients will fully utilise the funds provided in the best possible way,' Huang added. Also present at the event were Sarikei District Council (MDS) chairman Cr Stephen Wong Kie Yong, and several local community leaders. Huang Tiong Sii lead minor rural prokect grants Repok
Borneo Post
07-06-2025
- Politics
- Borneo Post
Rep distributes RM147,000 in MRP grants to Bawang Assan NGOs
Wong (seated front, centre) poses with the guests and the MRP grant recipients. SIBU (June 7): Bawang Assan assemblyman Dato Sri Wong Soon Koh has distributed RM147,000 in Minor Rural Project (MRP) grants to 14 recipients, comprising non-governmental organisations (NGOs) and associations within the Bawang Assan state constituency. This marks the first group of recipients to receive allocations for the year through the Bawang Assan Progressive Democratic Party (PDP) Service Centre. 'We have over 100 recipients in total, with an overall allocation of RM2 million. The remaining grants will be distributed next week,' said Wong. He noted that the allocation is part of his ongoing effort to support community-based initiatives and welfare programmes, and that recipients who did not receive funds in this round may reapply in subsequent phases. Wong, who also serves as PDP senior vice president, stated that he receives an annual allocation of RM8 million from the Sarawak government for development and welfare initiatives in his constituency. This includes RM2 million under the Minor Rural Project (MRP), RM5 million for the Rural Transformation Programme (RTP), and RM1 million for the Sarawak Poor Housing Improvement Programme (PPRMS). He added that Bawang Assan is home to approximately 30,000 voters, with a demographic breakdown of 54 per cent Chinese and 46 per cent Bumiputera, of which around 45 per cent are Iban. 'We will do our best to be fair. Every year, we ensure these allocations reach those in need,' he emphasised. Also present at the presentation ceremony were Joshua Ting, a political secretary to the Sarawak Premier, and Councillor Wong Hua, chairman of Bawang Assan PDP. bawang assan MRP grants ngos wong soon koh
