Keck Seng’s 4Q profit more than doubles, lifted by impairment reversal and lower cost of sales
For its property-related businesses, the group remained vigilant in the timing of the new launches and challenges associated with sales, in view of the global geopolitical conflicts and the macroeconomic inflationary impacts on construction, material, and labour costs.
MBSB's 3Q net profit down 44% on higher opex, impairment
The group said earnings were dragged down by higher operating expenses of RM170.
UEM Sunrise 4Q net loss widens to RM134m from preceding quarter
KUALA LUMPUR (March 25): UEM Sunrise Bhd saw its net loss for the fourth quarter ended Dec 31, 2020 (4QFY20) widen to RM134.
S P Setia reports RM263.4m loss in 3Q due to Battersea Project JV's impairment
KUALA LUMPUR (Nov 14): S P Setia Bhd reported a wider net loss of RM263.
Household loan impairments to double in 2H21 — BNM
KUALA LUMPUR (Oct 14): Household loan impairments are projected to double, albeit from historically low levels, said Bank Negara Malaysia (BNM) in its latest Financial Stability Review.
Gamuda falls into the red on one-off impairment
KUALA LUMPUR (Sept 26): Gamuda Bhd has fallen into the red with a net loss of RM17.
MRCB books loss in 2Q on impairment, construction halt
KUALA LUMPUR (Aug 27): Malaysian Resources Corp Bhd reported a net loss of RM219.
Mulpha International suffers big losses, dragged down by RM315m impairment in 3Q
KUALA LUMPUR (Nov 30): The whopping RM315.
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.
