Increased revenue enables swifter development

KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg’s effective financial strategies have propelled Sarawak’s development across all sectors in recent years, resulting in significant additional revenue for the state. According to Chief Political Secretary to the Premier, Fazzrudin Abdul Rahman, the state government has successfully addressed numerous long-standing issues raised by elected representatives […]

Thank you, Abang Johari

By Magdalene Rogers & Tania Matu KUCHING: People from walks of life, particularly the non-Muslims, welcome the announcement by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg that the state will be increasing its allocation for the Unit For Other Religions (UNIFOR) next year. During the UNIFOR’s appreciation ceremony in Sibu recently, the premier […]

OM Holdings after-tax profit up to RM268 mln

KUCHING: OM Holdings Ltd’s group after-tax profit has shot up to US$60 million (RM268.9 million) in first half-year ended June 30, 2022 (1H2022) from US$18.1 million (RM81.1 million) in 1H2021, boosted by the higher prices of ferro silicon (FeSi), silico manganese alloys and manganese ores. Revenue from operating activities climbed by 35 per cent to […]

Press Metal Q2 profit jumps to RM409.2m

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 revenue drove group net profit […]

Naim Holdings Bhd gains in Q2

KUCHING: Naim Holdings Bhd has returned to the black with group net profit of about RM6.8 million in second quarter ended June 30, 2022 (Q22022) from loss of RM3.25 million a year ago, on significant growth in revenue. Group turnover rose to RM80.5 million from RM59.5 million during the same period. The company’s earnings per […]

Perdana Petroleum Bhd cut loss to RM6.54 million in Q2

KUCHING: Perdana Petroleum Bhd (PPB) has reported higher group revenue of RM43.2 million in second quarter ended June 30, 2022 (Q22022) from RM38.6 million in Q22021, thanks to higher vessel utilisation. This revenue growth helped to significantly cut group net loss to RM6.54 million from RM39.2 million. Losses per share were reduced to 0.29 sen […]

Young Agropreneurs encouraged to use IoT in agriculture

KUALA LANGAT: Young agropreneurs are encouraged to utilise the Internet of Things (IoT) technology as it can help to increase revenue. Deputy Minister of Agriculture and Food Industry I Datuk Seri Ahmad Hamzah said the application of IoT could help them manage their crops online instead of going to the field every single day. “Through […]