KUALA LUMPUR: United Malacca Bhd's net profit slipped to RM60.38 million in the financial year ended April 30, 2023 (FY2023) from RM108.19 million in FY2022, dragged down by lower average crude palm oil (CPO) prices.
KUALA LUMPUR: Malaysia's benchmark stock index stayed range-bound over the morning session as investors stayed cautious global monetary policy and China's economic outlook.
PETALING JAYA: United Malacca Bhd expects fresh fruit bunch (FFB) production to increase in the financial year 2023 (FY23), on the back of higher yield performance, but the group cautioned against rising operating costs due to higher logistics, material and labour costs.
Here is a brief recap of some corporate announcements that made the news on Tuesday (Dec 27), including Berjaya Corp Bhd, Ranhill Utilities Bhd, Comintel Corp Bhd, Techbond Group Bhd, Toyo Ventures Holdings Bhd, United Malacca Bhd, G Capital Bhd, KNM Group Bhd and Infomina Bhd.