Malakoff Corp Bhd’s net profit for the third quarter ended Sept 30, 2022 (3QFY2022) jumped 53.44% to RM66.54 million from RM43.37 million in the same quarter last year, boosted by higher contribution from Tanjung Bin Power Sdn Bhd (TBP) on the back of higher applicable coal price (ACP).
PONTIAN: An allocation of RM56mil has been approved by the Federal Government for the construction of an alternative road between Pekan Nenas and Ulu Choh.This would ease congestion for those travelling between Pontian and Johor Baru, said Johor Mentri Besar Datuk Onn Hafiz Ghazi.
PONTIAN: The construction of 7.5km Sungai Pulai bridge between Gelang Patah and Tanjung Bin here has been completed and expected to be opened soon, says Datuk Seri Dr Wee Jeck Seng.
PETALING JAYA: Kenanga Research has maintained its “overweight” recommendation on the utilities sector due to its defensive earnings capabilities, especially for those operating in the regulated space.
KUALA LUMPUR, Aug 23 Malakoff Corporation Bhd’s net profit increased a marginal 1.21 per cent to RM119.15 million in the second quarter ended June 30, 2022 (Q2 FY2022) from.