Search

Tomei optimistic on gold demand, profitability

KUALA LUMPUR: Tomei Consolidated Bhd is optimistic that the demand for gold would remain steady despite the current higher prices, thus, ensuring that the manufacturer and retailer of jewellery to stay profitable in the financial year 2023 (FY2023). Managing director Datuk Ng Yih Pyng said spending on gold for cultural and investment purposes would continue […]

Zecon returns to profitability in FY20

KUALA LUMPUR: Zecon Bhd returned to profitability for the financial year ended June 30, 2020 (FY20), with a net profit of RM39.744 million against a net loss of RM20.97 million in FY19. The property and construction firm also recorded a higher revenue of RM507.51 million compared to RM370.44 million previously. For the fourth quarter, the […]