Malaysia’s banking system remained well capitalised in 1H23 – Bank Negara

[ad_1] KUALA LUMPUR: Malaysia’s banking system remained well-capitalised throughout the first half of 2023 (1H 2023), with the banks continuing to maintain strong liquidity buffers, said Bank Negara Malaysia (BNM).…

Golden Agri’s net profit cut by half in 1H23 

[ad_1] Staff Reporter , Singapore Logo from GAR Its profit fell to US$182m. Golden Agri-Resources (GAR) ended 1H23 with a 53% YoY lower net profit of US$182m. In a bourse…

CIMB Niaga’s pre-tax profit rises to 4.3 trillion rupiah in 1H23

[ad_1] KUALA LUMPUR: PT Bank CIMB Niaga Tbk recorded a consolidated pre-tax profit of 4.2 trillion rupiah (1 million rupiah=RM298.6) for the first half of 2023 (1H 2023), up 25.8…

FBM KLCI ends 1H23 on a disappointing note

[ad_1] KUALA LUMPUR: The FBM KLCI closed the first half of 2023 on a disappointing note as selling pressure picked up the pace. The 30-stock index closed down 11.69, or…

Quhuo Expects Robust Growth In 1H23; FY22 Margins Expand On Solid Business Development Strategy – Quhuo (NASDAQ:QH)

[ad_1] Quhuo Ltd’s QH revenue for FY22 fell 5.1% Y/Y to $553.9 million, primarily due to the decrease in delivery orders. Revenues for the year’s second half slumped 10.5% to…

VS Industry records improving performance in 1H23

[ad_1] PETALING JAYA: VS Industry Bhd expects the lingering macroeconomic uncertainties to cast dark clouds over the prospects of its business moving forward. The electronics manufacturing services provider said the…

FMM survey: Sector to soften in 1H23

[ad_1] PETALING JAYA: Moderating growth is the theme in 2023 for the manufacturing sector as the spillover effects of weak external demand from 2022 weigh in, according to the Federation…