UMW Holdings’ net profit surges to RM303.55 mln in 2Q

KUALA LUMPUR: UMW Holdings Bhd’s net profit almost tripled to RM303.55 million in the second quarter ended June 30, 2023 (2Q 2023) from RM107.19 million in 2Q 2022 on the back of gains from the sale of an industrial land in Serendah. Revenue surged 20.2 per cent to RM4.48 billion against RM3.73 billion previously “The […]

Sarawak Plantation Bhd posts RM30 million net profit in Q2

KUCHING: Sarawak Plantation Bhd (SPB) has reported a marginal increase in its group net profit to RM30 million in second quarter ended June 30, 2022 (Q22022) from about RM29.4 million in Q22021 on higher group revenue. Group revenue surged to RM207.1 million from RM192.6 million or up by RM14.5 million during the same period. The […]

YKGI posts slight increase in profit

KUCHING: YKGI Holdings Bhd has posted a slight increase in group net profit to RM1.42 million in second quarter 2022 (Q22022) from about RM1.4 million in Q22021 as revenue jumped to RM75.7 million from RM60.6 million previously. The company attributed the revenue growth to higher steel price despite a lower sales volume in the current […]