Saturday, 7 February 2026

Author: Alvin Tang

Press Metal Q2 profit jumps to RM409.2m

KUCHING: Sharply higher sales and the strengthening of the US dollar have contributed to Press Metal Aluminium Holdings Bhd’s soaring group revenue to RM4 billion in second quarter to June 30, 2022 (Q22022) from about RM2.64 billion a year ago, representing an increase of a whopping RM1.36 billion. The higher

Kim Hin Q2 net loss higher

KUCHING: Ceramic tiles manufacturing Kim Hin Industry Bhd group net loss has deepened to about RM15.6 million in second quarter to June 30, 2022 (Q22022) from RM8.8 million in Q22021 due to increased production costs and lower sales. Group revenue fell to RM80.9 million from RM83.9 million previously. The company’s

WTK Holdings Bhd makes a major turnaround

KUCHING: WTK Holdings Bhd has made a major turnaround in its financial performance, chalking up group net profit of about RM24.5 million in second quarter to June 30, 2022 (Q22022) from loss of RM1.2 million in Q22021 on expanded revenue. Group turnover rose to RM132.7 million from RM107.9 million previously

Naim Holdings Bhd gains in Q2

KUCHING: Naim Holdings Bhd has returned to the black with group net profit of about RM6.8 million in second quarter ended June 30, 2022 (Q22022) from loss of RM3.25 million a year ago, on significant growth in revenue. Group turnover rose to RM80.5 million from RM59.5 million during the same

CCK net profit doubles to RM11.6 mln

KUCHING: CCK Consolidated Holdings Bhd group has more than doubled its net profit to RM11.6 million in second quarter to June 2022 (Q22022) from RM5.36 million in Q22021, brought about by strong sales on continued recovery of consumer demand. Group turnover surged to RM210 million from RM166.9 million previously. Earnings

Sarawak Plantation Bhd posts RM30 million net profit in Q2

KUCHING: Sarawak Plantation Bhd (SPB) has reported a marginal increase in its group net profit to RM30 million in second quarter ended June 30, 2022 (Q22022) from about RM29.4 million in Q22021 on higher group revenue. Group revenue surged to RM207.1 million from RM192.6 million or up by RM14.5 million

US reduces plywood order

KUCHING: The United States of America has considerably reduced the imports of tropical hardwood plywood from Malaysia and Indonesia as it shifted to buy more from Vietnam and China in June 2022. US imports from Malaysia and Indonesia both plunged more than 40 per cent as the world’s largest economy’s

PMB Tech disposes land for RM37 mln

KUCHING: PMB Technology Bhd group is set to dispose of a piece of land with approved development project in Kuala Lumpur for RM37 million. Its wholly-owned subsidiary PMB Land (Sg Besi) Sdn Bhd has entered into a sale and purchase agreement (SPA) with Faithview Resources Sdn Bhd for the disposal

DESB Marine Services awarded Shell LCT contract

KUCHING: Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary DESB Marine Services Sdn Bhd has been awarded a contract for the provision of one unit of landing craft tank (LCT) — Dayang Cempaka — by Sarawak Shell Bhd/Sabah Shell Petroleum Company Limited. The duration of the contract is tentatively from Sept 26,

Perdana Petroleum Bhd cut loss to RM6.54 million in Q2

KUCHING: Perdana Petroleum Bhd (PPB) has reported higher group revenue of RM43.2 million in second quarter ended June 30, 2022 (Q22022) from RM38.6 million in Q22021, thanks to higher vessel utilisation. This revenue growth helped to significantly cut group net loss to RM6.54 million from RM39.2 million. Losses per share