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Dialog Group falls to lowest in over three years after reporting first full-year profit drop in 16 years

Dialog Group Bhd's share price fell to its lowest in over three years at RM2.58 at Bursa Malaysia's afternoon break today after the oil and gas support services provider reported yesterday its first full-year net profit drop in 16 years to RM543.14 million for financial year ended June 30, 2021 from RM630.36 million a year earlier. ....

Kuala Lumpur , Sdn Bhd , Raymond Yap , Dialog Group Bhd , Investment Bank Bhd , Bursa Malaysia , Bank Bhd , Sean Lim , குவாலா லம்பூர் , ஸ்டன் ப்ட் , ரேமஂட் யாப் , உரையாடல் குழு ப்ட் , முதலீடு வங்கி ப்ட் , வங்கி ப்ட் , சீன் லிம் ,

Sentiments in property market remain weak despite lower OPR

THE reduction of the interest rate will not alleviate the negative sentiments on the property market due to the worsening of Covid-19 outbreak, property analysts said. CBRE-WTW (CBRE Group Inc and CH Williams Talhar & Wong Sdn Bhd) MD Foo Gee Jen said Bank Negara Malaysia’s (BNM) move to cut the Overnight Policy Rate (OPR) for the second time in three months is to boost consumer spending. Assuming vaccines are developed against Covid-19, Foo said it would still take another three months for the property market to recover from the impacts of the epidemic. “Unfortunately, the rationale behind the OPR reduction is not so much to aid the housing industry, but to help consumers during the challenging time and boost spending in the country. “I doubt the confidence in the property market is going to be high due to the lower OPR, because almost all businesses are affected by the Covid-19 outbreak,” he told The Malaysian Reserve. ....

Health Dg Datuk Dr Noor Hisham Abdullah , Bank Bhd , Bank Negara Malaysia , Health Ministry , Public Bank Bhd , Group Inc , Wong Sdn Bhd , Gee Jen , Overnight Policy Rate , Banking Bhd , Sdn Bhd , Wai Seen , வங்கி ப்ட் , வங்கி நெகாரா மலேசியா , ஆரோக்கியம் அமைச்சகம் , பொது வங்கி ப்ட் , குழு இன்க் , வோங் ஸ்டன் ப்ட் , ஜீ ஜென் , ஓவர்‌நைட் பாலிஸீ ரேட் , ஸ்டன் ப்ட் ,

Berjaya Food jumps after reporting highest profit in seven years

KUALA LUMPUR (Aug 19): Berjaya Food Bhd's (BFood) share price jumped 7.9% on Thursday, after the company reported a day earlier that its highest net profit in seven financial years which analyst said have surpassed their expectations and declared a dividend of one sen a share to reward shareholders. ....

Kuala Lumpur , Bhd Bfood , Syifaa Mahsuri , Soong Wei Siang , Syifaa Mahsuri Ismail , Hong Leong Investment Bank Bhd , Investment Bank Bhd , Berjaya Food Bhd , Bursa Malaysia , Bank Bhd , குவாலா லம்பூர் , ஹாங் லியோங் முதலீடு வங்கி ப்ட் , முதலீடு வங்கி ப்ட் , பெர்ஜயா உணவு ப்ட் , வங்கி ப்ட் ,