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theedgemalaysia.com highlighted three stocks with positive momentum and 12 stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday.
Hume Cement Industries Bhd’s net profit more than doubled to RM61.06mil in the third quarter (3Q) ended March 31, 2024, from RM27.01mil a year earlier.
KUALA LUMPUR: Hume Cement Industries Bhd’s net profit more than doubled to RM61.06 million in the third quarter ended March 31, 2024, from RM27.01 million a year earlier.
Hume Cement Industries Bhd (KL:HUMEIND) has sustained its earnings momentum with another record net profit for its third quarter ended March 31, 2024 (3QFY2024) on the back of lower manufacturing costs, and higher cement price and sales volume.
UEM Group Bhd is understood to have called off a tender for the sale of its wholly-owned Cement Industries of Malaysia Bhd (CIMA). The U-turn comes on the back of a turnaround in losses and increasing profits at the cement producer.
It is understood that the six parties shortlisted to b...
FIVE companies — Germany-based Heidelberg Materials AG; China-based Huaxin Cement Co Ltd; Malaysian Resources Corp Bhd (MRCB), a company which is connected to Yinson Holdings Bhd; and companies linked to Pahang and Negeri Sembilan royalty — have been shortlisted to buy Cement Industries of Malays...
(吉隆坡24日讯)在丰隆集团牵头的哥伦比亚亚洲医疗(Columbia Asia Healthcare)完成收购Ramsay森那美医疗后,本地富豪丹斯里郭令灿,似乎正着手打造又一家医疗帝国。财经周刊《The Edge》引述知情人士报道,郭令灿旗下丰隆集团与美国私募基金TPG资本联手在横跨大马、印尼和越...
KUALA LUMPUR: Investors chose to pause for breath today and take profits in the wake of the recent strong gains while the ringgit strengthened marginally against the US dollar.
Hume Cement Industries Bhd’s share price touched a seven-year high on Wednesday after the cement producer announced its best quarterly earnings in two decades.
The counter rose as much as 4.08% to RM3.06. Hume Cement was trading at RM3.04, up 10 sen or 3.4%, at 2.30pm after 1.98 million shares changed hands. In contrast, the country’s benchmark index FBM KLCI was 0.2% lower.
After recording a 20-month high on Tuesday, stocks on Bursa Malaysia took a breather and the benchmark FBM KLCI ended Wednesday’s morning trading session slightly lower, with all sectors mostly in the red ahead of the Federal Open Market Committee (FOMC) meeting minutes for the first monetary policy meeting of 2024 later in the night.
KUALA LUMPUR: Companies whose stock could be seeing trading interest on Wednesday include Teo Seong, Globetronics, Green Packet, SunCon, KLK, Star Media, Gas Malaysia, CelcomDigi, Hume Cement and Supermax, said Apex Securities Research.
KUALA LUMPUR (Feb 20): Here is a brief recap of some corporate news and announcements that made the headlines on Tuesday:
Globetronics Technology Bhd warns of persisting macroeconomic and geopolitical challenges impacting the semiconductor industry that result in unpred...