Jaks’ profit tumbles on property development losses, one-off spending
KUALA LUMPUR (Aug 18): Jaks Resources Bhd’s net profit for the second quarter ended June 30, 2017 (2QFY17) fell 80% to RM1.
KUALA LUMPUR (Aug 18): Jaks Resources Bhd’s net profit for the second quarter ended June 30, 2017 (2QFY17) fell 80% to RM1.
KUALA LUMPUR (Aug2): Conglomerate Sunway Bhd has announced the acquisition of two freehold plots — a 14.
KUALA LUMPUR (June 22): Jaks Resources Bhd, whose profitability was dragged down by its loss-making property division in the financial year ended Dec 31, 2016 (FY16) and first quarter ended March 31, 2017 (1QFY17), said it would take some time for the division to start bearing profits.
KUALA LUMPUR (May 24): Jaks Resources Bhd net profit for the first quarter ended March 31, 2017 surged 600% to RM7.
KUALA LUMPUR (Feb 28): Jaks Resources Bhd dropped as much as 22 sen or 18% after the builder and water-pipe manufacturer reported a fourth quarter (4QFY2016) net loss at RM24.
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
KUALA LUMPUR (Feb 22): Investor Koon Yew Yin, a philanthropist who is well known for his good stock pick, has emerged as a substantial shareholder of Jaks Resources Bhd, after he has bought 23.
Jaks Resources Bhd (Jan 10, RM1.
KUALA LUMPUR (Oct 24): Construction analysts see the proposed RM55 billion East Coast Rail Line project as the only excitement in Budget 2017.
KUALA LUMPUR (Sept 22): The opening of the RM3 billion gross development value MyTOWN Shopping Centre in Cheras is delayed from the initial target of November this year, amid headwinds faced by the shopping mall segment.