Umw Holdings News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Umw holdings. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Umw Holdings Today - Breaking & Trending Today
Malaysian conglomerate Sime Darby aims to establish a luxury car retail business in India and expand its presence in Indonesia, according to CEO Jeffri Salim Davidson. He highlighted the significant growth potential in both economies, especially in India, the world s fifth-largest economy. Sime Darby, which already has operations in 17 countries, plans to explore opportunities in India through partnerships. ....
KUALA LUMPUR: UMW Holdings Bhd’s net profit almost tripled to RM303.55 million in the second quarter ended June 30, 2023 (2Q 2023) from RM107.19 million in 2Q 2022 on the back of gains from the sale of an industrial land in Serendah. ....
By Ying Xian Wong Shares of Sime Darby Bhd. and UMW Holdings gained early Friday after Sime Darby proposed to acquire a majority stake in UWM. Sime Darby's. ....
’s (UMW) net profit fell by more than half to RM204.6mil in the financial year ended Dec 31,2020 (FY20) from RM454.4mil in FY19. Revenue declined to RM9.55bil from RM11.76bil previously, mainly due to lower revenue recorded in all of its main business segments due to the Covid-19 pandemic’s adverse impact, it said in a filing with Bursa Malaysia yesterday. It said the automotive segment’s revenue for the year decreased by 19.5% year-on-year to RM7.48bil, mainly due to the lower number of vehicles sold during the movement control order (MCO) period. Meanwhile, it said equipment segment’s revenue stood at RM1.14bil, lower than the RM1.41bil recorded in FY19, following the slow down in construction, manufacturing, mining and logging activities due to the Covid-19’s impact in countries that the segment operated in. ....