EVENING 5: Five things you need to know today

TheEdge Thu, Mar 21, 2024 09:01pm - 2 months View Original


EVENING 5: MAG posts first annual net profit in a decade

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Malaysia Aviation Group, the parent company of Malaysia Airlines, posts its first annual net profit in a decade.

2. Gold-related counters rise as gold prices surge to a record high after the Fed left interest rates unchanged.

3. Astro closes FY2024 with RM36.88 million earnings — its lowest since the group's listing in 2012.

4. Eco World Development Group kicks off FY2024 with a 22% jump in 1Q profit, mainly due to higher interest income.

5. MGB bags a contract worth RM207.03 million to undertake a two-phase property development project in Sepang.

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