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UMW posts RM78m net loss
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Proton implements new SOPs to prevent virus spread
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Westports posts RM163 49m in net profit for 4Q20
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KUALA LUMPUR (Aug 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Wednesday Aug 4) include: Hartalega Holdings Bhd, HB Global Ltd, Dufu Technology Corp Bhd, HPP Holdings Bhd, Kanger International Bhd, Berjaya Land Bhd (BLand) and Berjaya Food Bhd (BFood).
Hartalega Holdings Bhd saw its net profit double to RM2.26 billion for the first quarter ended June 30, 2021 (1QFY22), from RM1.12 billion in the preceding quarter (4QFY21). Revenue expanded 69% to RM3.9 billion from RM2.3 billion in the preceding quarter. The group proposed a final dividend of 19.75 sen per share, the highest payout for the financial year ended March 31, 2021 (FY21). This brings total dividend per share to 50.95 sen for FY21. On a year-on-year basis, Hartalega’s net profit soared by 928% from RM219.72 million a year earlier, with revenue swelling 324% from RM920.09 million.
KUALA LUMPUR (Aug 4): Bursa Malaysia extended its losses to midday, ending the morning trading session lower due to sell-offs across the board amidst the weak market sentiment.
At the lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 12.83 points to 1,487.43 from Tuesday’s close of 1,500.26.
The market bellwether, which opened 2.98 points weaker at 1,497.28, fluctuated between 1,483.73 and 1,497.88 throughout the session.
A dealer said the cautious sentiment had also increased in the local bourse as Prime Minister Tan Sri Muhyiddin Yassin is expected to deliver a special announcement at 12.30pm.
On the broader market, losers thumped gainers 728 versus 192, while 364 counters were unchanged, 908 untraded and nine others suspended.