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1-10 results from 1000 for query «earnings»

January 19, 2018 2:20 AM Analyst keeps faith with RM17.60 target for TNB

The Tenaga Nasional Berhad (TNB) logo is seen on a building in Kuala Lumpur April 29, 2016. — Picture by Saw Siow FengKUALA LUMPUR, Jan 19 — CIMB Equities Research has maintained its target price of RM17.60 for Tenaga Nasional Bhd (TNB). Basing this on a price-to-earnings ratio of 14 times for the 2019 financial year, it said in a statement carried by The Star that TNB should 4

January 18, 2018 1:03 PM HSS invited to submit proposal for bridge project

PETALING JAYA: HSS Engineers Bhd’s associate company HSS Integrated Sdn Bhd has been invited by the Federal Territories Ministry to submit its proposal for the provision of consultancy services for the execution of the Labuan-Menumbok Bridge Link feasibility study, which has a ceiling contract value of RM14.31 million. The group said in a Bursa Malaysia 6

January 18, 2018 5:59 AM Parlo Tours completes RTO, lists on the ACE market

PETALING JAYA: Parlo Tours Sdn Bhd, travel management and services group in Malaysia, via a reverse takeover of Cybertowers Bhd has today joined the ACE Market of Bursa Malaysia Securities Berhad, under the name Parlo Bhd. The group's share price jumped 8.5 sen or 85% to trade at 18.5 sen as at 3.54pm today, with some 23.9 million shares changing hands 4

January 16, 2018 12:36 PM UMW Oil & Gas unit awarded 3-year Petronas Carigali contract

PETALING JAYA: UMW Oil & Gas Corp Bhd’s unit UMW Workover Sdn Bhd (UWO) has been awarded a three-year contract by Petronas Carigali Sdn Bhd for an undisclosed contract sum. In a filing with Bursa Malaysia today, UMW Oil & Gas said the contract is for the provision of 340,000 and 460,000 hydraulic workover units (HWUs) to undertake workover services for Petronas 7

January 15, 2018 3:37 AM HLIB maintains ‘buy’ call on Top Glove

In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. — Malay Mail picKUALA LUMPUR, Jan 15 — Hong Leong Investment Bank (HLIB) has maintained a “buy” call on Top Glove Corporation Bhd on the back of an earnings accretive acquisition. In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. The research firm said Top Glove 11

January 12, 2018 3:34 AM Interest rate hike a mild booster to bank’s earnings, says research firm

Bank Negara’s aggressive tone is said to hint at a potential review of monetary accommodation. — Picture by Yusof Mat Isa KUALA LUMPUR, Jan 12 — AmInvestment Research is projecting one to two rate hikes with 25 basis points (bps) each for this year which will be mildly positive on bank earnings. The research firm, in a Aminvestment Bank report, said Bank Negara’s 9

January 10, 2018 12:15 PM LPI Capital posts better Q4 results

PETALING JAYA: LPI Capital Bhd’s net profit in the fourth quarter ended Dec 31, 2017 (Q4’FY17) increased 1.9% to RM83 million, from RM81.45 million in the previous corresponding quarter, mainly contributed by profit from the general insurance segment, which rose 4.3% to RM110.4 million.Revenue was up 2.2% to RM363.5 million compared with RM355.6 million 10

January 9, 2018 8:43 AM Palm oil export earnings forecast to hit RM80b in 2018

Mah said the government has forecast that the production of CPO will exceed 20 million tonnes for this year. — Reuters picKUALA LUMPUR, Jan 9 — The government is optimistic in obtaining RM80 billion in revenue for crude palm oil (CPO) export earnings this year, Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said today. “We are confident 11

January 8, 2018 12:08 PM MRCB-Quill to sell office building for RM28m

PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQReit) is planning to sell its office building, known as Quill Building 8 - DHL (XPJ) for RM28 million cash, to repay loans, asset enhancement, property investment and working capital. In a filing with Bursa Malaysia, MQReit said its trustee, Maybank Trustees Bhd has entered into a sale and purchase 10

January 8, 2018 6:48 AM Rakuten recommends ‘buy’ call on Binasat

Screengrab of the Binasat online portal.KUALA LUMPUR, Jan 8 — Online stock trading company Rakuten Trade Sdn Bhd has recommended a ‘buy’ call on Binasat Communications Bhd with a target price of 65 sen from its initial public offering price of 46 sen. In a note today, Rakuten said the ‘buy’ call was based on its 13 times price to earnings ratio for the financial 20