Sunday, 8 February 2026

Author: Alvin Tang

SCIB posts RM1.89m loss despite higher revenue

KUCHING: Sarawak Consolidated Industries Bhd (SCIB)  has slipped into the red with group net loss of about RM1.89 million in financial year ended June 30, 2025 (FY2025) as compared to profit of RM4.48 million in FY2024 despite increase in revenue to about RM176 million from RM166.6 million year-on-year. This resulted

Jaya Tiasa FY2025 profit soars to RM175.9 million

KUCHING: Jaya Tiasa Holdings Bhd has posted significantly stronger earnings with group net profit surged to RM175.9 million on expanded revenue of RM1.17 billion in financial year ended June 30, 2025 (FY2025) against RM128.9 million and RM1.02 billion respectively in FY2024. The higher profit was bolstered by a double-digit growth

MCIL sees stable outlook for FY2025/26

KUCHING: Media Chinese International Limited (MCIL) expects a more stable business environment in the first half of its financial year 2025/2026, says group’s chief executive officer Francis Tiong. His prediction is based on expected interest cut and the potential of a more stable global trade landscape in the later part

Hubline total borrowings rise to RM105.7 million

KUCHING: Hubline Bhd group has raised its total borrowings to RM105.73 million as of June 30, 2025, an increase of RM16.89 million from RM88.84 million recorded a year earlier. Over the one-year period, the short-term overdraft climbed to about RM23.55 million from RM8.5 million, while invoice financing increased to RM36.6

Ta Ann revenue surges to RM432.6 million in 2Q

KUCHING: Ta Ann Holdings Bhd has chalked up sharply higher group revenue of RM432.6 million in second quarter ended June 30, 2025 (2Q2025) as compared to RM366.7 million in 2Q2024, boosted by significantly higher sales volume of export logs and crude palm oil (CPO). The expanded revenue drove group net

Supreme profit halves on weaker food sales

KUCHING: Drop in sales of frozen and chilled food products has eroded Supreme Consolidated Resources Bhd’s latest quarterly earnings, as their group net profit fell to RM1.74 million from RM3.04 million a year ago with revenue shrank to RM57.2 million from RM60.6 million in third quarter to June 30, 2025

Pansar records 13% growth of revenue

KUCHING: Pansar Bhd has recorded a 13 per cent growth in group revenue to RM276.1 million in first quarter ended June 30, 2025 (1Q2026) from RM244.4 million a year ago, thanks to the strong performance of its construction arm. Despite the double-digit increase in group turnover, group net profit only

Kim Hin seeks time to fix shareholding shortfall

KUCHING: Kim Hin Industry Bhd will apply to Bursa Securities for an extension of time to rectify the shortfall in its public shareholding spread, says the ceramic tile manufacturer. As at August 22, 2025, the company’s public shareholding spread stood at 23.75 per cent, and therefore does not comply with

WTK posts RM17.4 million profit despite revenue dip

KUCHING: WTK Holdings Bhd has delivered sharply higher group net profit of RM17.44 million in second quarter ended June 30, 2025 (2Q2025) as compared to RM1.03 million a year ago despite a drop in revenue by RM36.2 million (-21%) to RM138.2 million from RM174.4 million. A big portion of the

Naim-Gamuda bags RM1.13b Limbang job

KUCHING: Naim Holdings Bhd’s 70 per cent-owned subsidiary — Naim Gamuda (NAGA) JV Sdn Bhd — has been awarded a RM1.13 billion contract for the Northern Coastal Highway, work package Limbang Section 1 project. The contract was from the Regional Corridor Development Authority (Recoda). Naim’s JV partner, Gamuda Bhd, owns