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JAKS Resources 3Q profit up 19%, boosted by share of profit from Vietnam power plant

JAKS Resources Bhds net profit for the third quarter ended Sept 30, 2021 (3QFY21) grew 19.09% to RM31.85 million from RM26.75 million in the previous year's corresponding period, boosted by its 30% share of profit from JAKS Hai Duong Power Company Ltd that amounted to RM43.4 million, which more than offset the impact of the group's overall revenue decline. Group revenue

Recent coal price fluctuations won t hit Vietnam power plant profits, says JAKS Resources CEO

JAKS Resources Bhd has given investors assurance that the recent fluctuations in coal prices will not impact the group’s profit generated from one of its power plants in Vietnam.

Jade Marvel, AirAsia, MYEG, Solarvest, TM, JAKS Resources, IOI Corp, Damansara Holdings, Genting

Based on corporate announcements and news flow on Monday, companies in focus on Tuesday (Oct 12) may include Jade Marvel Group Bhd, AirAsia Group Bhd, MY EG Services Bhd, Solarvest Holdings Bhd, Telekom Malaysia Bhd, JAKS Resources Bhd, IOI Corp Bhd, Damansara Holdings Bhd and Genting Bhd.

LNG-to-Power Project, $30 Billion in Offshore Wind Targeted for Vietnam

LNG-to-Power Project, $30 Billion in Offshore Wind Targeted for Vietnam
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