Malaysian Bulk Carriers Bhd reported a 90.5% jump in net profit to RM61.6 million for the second quarter ended June 30, 2022, from RM32.1 million in the corresponding quarter a year earlier, after it recognised a gain of RM50.1 million from the disposal of MV Alam Kukuh for RM160.55 million.
Here is a brief look at some corporate announcements and news flow on Monday (Aug 15), which include Malaysia Airports Holdings Bhd, AirAsia X Bhd, Capital A Bhd, Malayan Banking Bhd, Top Glove Corp Bhd, Datasonic Group Bhd, Protasco Bhd, Tiong Nam Logistics Holdings Bhd, Kelington Group Bhd, BP Plastics Holding Bhd, Malaysian Bulk Carriers Bhd, Cycle & Carriage Bintang Bhd, and Ivory Properties Group Bhd.
Based on corporate announcements and news flow on Thursday, companies in focus on Friday (May 6) may include: Ajiya Bhd, Cahya Mata Sarawak Bhd, ES Ceramic Technology Bhd, CIMB Group Holdings Bhd, Computer Forms (Malaysia) Bhd, Favelle Favco Bhd, G3 Global Bhd, Malaysian Bulk Carriers Bhd, Petronas Dagangan Bhd and Serba Dinamik Holdings Bhd.
The Baltic Exchange Dry Index (BDI), a bellwether for global dry bulk shipping, on Nov 17 fell to a low of 2,430 points its lowest level in five months, on the back of easing port congestion in China, the ongoing steel production restrictions in China and weaker iron ore and coal shipments. This represents .
Malaysian Bulk Carriers Bhd (Maybulk) reported a net profit of RM113.58 million for the third quarter ended Sept 30, 2021, compared with a net loss of RM5.95 million a year prior, on higher charter rates, and lower operating expenses from a smaller fleet size and vessel disposal. The dry bulk carrier operator saw earnings per .