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Mudajaya continues losing streak in 1Q

Mudajaya Group Bhd started its financial year 2017 with a net loss of RM26.75 million in the first quarter ended March 31 (1QFY17), no thanks to having to account for its associates' losses, while revenue fell.

LBS Bina’s 1Q net profit soars 47%

LBS Bina Group Bhd’s net profit soared 47% to RM24.77 million in the first quarter ended March 31, 2017 (1QFY17) from RM16.86 million in the previous corresponding quarter.

AZRB 1Q net profit up 45.7% on improved margin, higher property revenue

Ahmad Zaki Resources Bhd's (AZRB) first-quarter net profit rose 45.7% to RM6.12 million from RM4.2 million a year ago, on improved margin of construction projects, as well as the inclusion of contribution from the International Islamic University Malaysia (IIUM) Medical Centre facilities management concession.

Ekovest 3Q net profit largely flat on one-off expense

Ekovest Bhd's third-quarter net profit was largely flat at RM11.06 million from RM11.08 million a year ago, mainly due to a one-off expense of RM22.62 million on recognition of fair value adjustment pursuant to the granting of the Employees' Share Option Scheme.

This property group is poised for a pickup

DBS Vickers expects Frasers Centrepoint Ltd and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.