KUCHING: Miri-based Sealink International Bhd has significantly cut its group net loss to about RM1.1 million in Q22022 from RM7.5 million in Q22021 as revenue rose to RM16.1 million from RM9.99 million previously. Losses per share were reduced to 0.21sen from 1.5sen. Sealink attributed the 61 per cent increase in
KUCHING: Hubline Bhd expects its dry bulk shipping business to remain encouraging and its aviation business to continue perform well in the final quarter of the financial year ending Sept 30, 2022 (Q42022). This is despite the downward pressure on shipping freight rates, the company said in releasing its latest
KUCHING: Reservoir Link Energy Bhd’s (RLEB) 51 per cent-owned subsidiary Founder Energy Sdn Bhd has been awarded a solar energy project with the contract worth RM10.2 million. The letter of award (LOA) from Atlantic Blue Sdn Bhd is for the turnkey construction and commission of a large-scale solar photovolatic plant
KUCHING: Harbour-Link Group Bhd group net profit have more than doubled to RM148 million in financial year to June 30, 2022 (FY2022) from RM60.6 million in FY2021,bolstered by firmer ocean freight rates for intra-Asia trade and increased cargo volume shipped. Year-on-year, group revenue soared to RM871.2 million from RM609 million
KUCHING: Rimbunan Sawit Bhd has bounced back with group net profit of about RM9.65 million in second quarter to June 30, 2022 (Q22022) from loss of RM37,000 in Q22021 as a result of higher production volume and sale prices of fresh fruit bunches (FFB), crude palm oil (CPO) and palm
KUCHING: Subur Tiasa Holdings Bhd’s bottomline has received a major boost from increased sales price of crude palm oil (CPO) and higher logs sales volume. In second quarter ended June 30, 2022 (Q22022), Subur Tiasa chalked up group pre-tax profit of RM29.2 million from RM16.9 million in Q12022 as revenue
KUCHING: Firm metallic silicon prices has driven PMB Technology Bhd’s group net profit sharply higher to about RM35.2 million in second quarter ended June 30, 2022 (Q22022) from RM11.6 million in Q22021. The earnings growth is in line with expanded group revenue to RM260.2 million from RM178.3 million or an
KUCHING: Sharply higher sales and the strengthening of the US dollar have contributed to Press Metal Aluminium Holdings Bhd’s soaring group revenue to RM4 billion in second quarter to June 30, 2022 (Q22022) from about RM2.64 billion a year ago, representing an increase of a whopping RM1.36 billion. The higher
KUCHING: Ceramic tiles manufacturing Kim Hin Industry Bhd group net loss has deepened to about RM15.6 million in second quarter to June 30, 2022 (Q22022) from RM8.8 million in Q22021 due to increased production costs and lower sales. Group revenue fell to RM80.9 million from RM83.9 million previously. The company’s
KUCHING: WTK Holdings Bhd has made a major turnaround in its financial performance, chalking up group net profit of about RM24.5 million in second quarter to June 30, 2022 (Q22022) from loss of RM1.2 million in Q22021 on expanded revenue. Group turnover rose to RM132.7 million from RM107.9 million previously
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