Tai Er makes splash with maiden sauerkraut fish outlet in Singapore

KUALA LUMPUR, Riding the recent wave of popular Chinese food and beverage brands entering Singapore, Tai Er Chinese Sauerkraut Fish has opened its first store at the Jewel Changi Airport recently.On the day of the official opening, the restaurant was f…

Axiata Q2 net profit jumps to RM277.76 mln on higher top line, lower finance cost

KUALA LUMPUR, Axiata Group Bhd’s net profit jumped to RM 277.76 million for the second quarter (Q2) ended June 30, 2021 compared to RM80.02 million a year ago mainly due to higher top line, lower finance costs on the back of lower borrowings and lower …

No let-up in execution of economic stimulus efforts — Mohamed Azmin

KUALA LUMPUR, There must be no let-up in the execution of economic stimulus efforts that have been introduced and are essential to maintain Gross Domestic Product (GDP) growth, create new jobs as well as attract further foreign direct investments, said…

Petronas swings back to profit in Q2, revenue jumps 68 pct

KUALA LUMPUR, Petroliam Nasional Bhd (Petronas) registered a net profit of RM9.6 billion in the second quarter ended June 30, 2021 on better earnings and lower impairment compared to a net loss of RM21 billion in the same quarter last year.Petronas exe…

IHH Healthcare’s shares rise 9 pct on stellar Q2 performance

KUALA LUMPUR, IHH Healthcare Bhd’s shares rose near nine per cent boosted by a stellar second quarter (Q2) financial year 2021 (FY2021) earnings performance. At 4.10 pm, the counter added 50 sen to RM6.34, with 18.25 million shares traded.The stock is …

Sarawak Oil Palms Q2 net profit rises to RM98.32 mln

KUALA LUMPUR, Sarawak Oil Palms Bhd’s net profit for the second quarter (Q2) ended June 30, 2021 surged to RM98.32 million from RM38.34 million in the same period last year.Revenue jumped to RM949.05 million from RM626.06 million, while its basic earn…

Affin Bank posts firmer net profit in Q2 of RM117.95 mln

KUALA LUMPUR, Affin Bank Bhd posted a firmer net profit of RM117.95 million for the second quarter (Q2) ended June 30, 2021 from RM67.4 million recorded in the same period last year.In a filing with Bursa Malaysia today, it said revenue also improved t…