News about S

This is despite revenue more than doubling to RM56.

Under the JV, Perak Corp will be entitled to a revenue share of 35% based on the net development value while Advancecon will be entitled to 65%.

MRCB said the decline in revenue was due to much lower contributions from the property development and investment division, as well as the engineering, construction and environment division, following the completion of three major infrastructure construction projects last year and two major property development projects in the first half of 2023 (1HFY2023).

These targets will be reached by retrofitting its assets with energy efficient technology, adopting renewable energy, encouraging behavioural change among its staff and using lower-carbon materials, amongst other things.

Revenue declined by 34.

OSK said, in a filing with Bursa Malaysia on Monday, that it recorded stronger sales revenue for its power cable and industrialised building system (IBS) wall-panel manufacturing, driven by both local and export sales.

Analysts were unperturbed by its poorer y-o-y performance, as the results mostly met their expectations, while its core net profit had swelled q-o-q thanks to higher share of results from joint ventures and improved contributions from its property investment segment.

RM251 million gain on disposal of Malaysia Vision Valley land to Sime Darby Property Bhd.

Sime Darby Property reported a net profit of RM144.

Quarterly revenue slipped 6.