KUALA LUMPUR: Companies making recent corporate announcements include Shangri-La Hotels, AirAsia X, LBS Bina, Hap Seng, SunCon, KPS, Star Media, Teo Seng, Mega First, Perdana Petroleum, Privasia and Kerjaya Prospek, said Apex Securities Research.
Shangri-La Hotels (Malaysia) Bhd's net profit surged 157.7% to RM15.62 million in the third quarter ended Sept 30, 2023 (3QFY2023) from RM6.06 million a year earlier, on improved level of leisure demand and hotel occupancy rate.
AirAsia X Bhd (AAX) said its Practice Note 17 (PN17) status will be uplifted on Wednesday after Bursa Securities allowed its appeal on the matter.
LBS Bina Group Bhd has recorded a 13.8% growth in net profit for 3QFY2023, underpinned by better site construction activities, as well as cost savings upon delivery of vacant possession for two completed projects.
Hap Seng Consolidated Bhd made a net profit of RM50.3 million in 3QFY2023, down 91.1% from RM563.75 million a year ago.
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