KUCHING: Malaysia’s exports of tropical sawnwood to China in the January-June 2024 period (1H2024) have increased by 52 per cent to 63,000 cubic metres (cu m) from a year ago. In terms of the value of this exported sawnwood to China, Malaysia recorded a 49 per cent jump to US$22
KUCHING: Borneo Oil Bhd group is back in the black after posting a profit of RM33.13 million in financial year to June 30, 2024 (FY2024) from loss of RM13.22 million in FY2023, contributed mainly by the fair value gain of a quoted securities in the US. A fair value gain
KUCHING: Subur Tiasa Holdings Bhd has returned to profitability, recording group net profit of RM1 million in second quarter to June 30, 2024 (2Q2024) from loss of RM11.87 million a year ago, with the turnaround of its oil palm business. The profit was reported despite group revenue had dropped to
KUCHING: Dayang Enterprise Holdings Bhd has chalked up impressive earnings, with group net profit more than doubled to RM131.4 million in second quarter to June 30, 2024 (2Q2024) from RM64.69 million a year ago, bolstered by higher utilisation of offshore supply vessels and award of topside maintenance order/ contracts. Group
KUCHING: Petra Energy Bhd has delivered sharply higher group net profits of RM29.53 million in second quarter to June 30, 2024 (2Q2024) from RM16.24 million in 2Q2023 despite drop in group revenue to RM162.6 million from RM184.8 million. The higher profits boosted earnings per share to 9.2sen from 5.06sen. In
KUCHING: Imported furniture, which is mainly from China, is flooding the Indonesian market. According to the Indonesian Furniture and Craft Industry Association’s analysis on data from the Central Statistics Agency, imports of furniture products surged by about 29 per cent in first quarter 2024 (1Q2024) from a year ago to
KUCHING: Pansar Bhd is focusing on the continued growth of its various businesses which produced commendable financial results in financial year ended March 31, 2024 (FY2024), says its chairman Datuk James Tai Cheong. He said the group reported a 25.6 per cent increase in revenue to RM1.04 billion in FY2024
KUCHING: China has sharply increased the imports of rubberwood from Thailand and paid much higher prices for the raw material. In the first five months of 2024 (5m2024), China raised the imports of rubberwood from Thailand by 27 per cent to 2.12 million cubic metres (cu m) and forked out
KUCHING: Press Metal Aluminium Holdings Bhd has entered into a collaboration agreement with Xi’an Jiaotong University (XJTU) of China on carbon capture and utilisation research and development. The agreement is in researching and developing economically viable methods to concentrate, capture and utilise the direct carbon emission that arises from the
KUCHING: Sarawak Cable Bhd (SCB) has been ordered to be placed under interim judicial management by the Kuala Lumpur High Court. The court made the order after allowing an application by the solicitors acting on behalf of Messrs Krish Maniam & Co to place SCB under judicial management pursuant to