Author: Alvin Tang

KUCHING: Media Chinese International Bhd’s (MCIL) publishing and printing business in Malaysia saw a 1.8 per cent rise to US$27.43 million in 3Q2024, driven by stronger Malaysian operations.  However, its Hong Kong, Taiwan, and North American operations saw declines. The Malaysian segment saw a 9.4 per cent increase in revenue

KUCHING: Asteel Group Bhd is upbeat about its performance this year, spurred Economic by rising demand for roofing and building materials in infrastructure and housing projects. Asteel has signalled out Sarawak and the Johore-Singapore Special Zone in Johore as the states that would benefit from the higher demand for roofing

KUCHING: Insufficient raw material supply has been the common problem faced by all wood-based panel manufacturers in pilot countries covered by Global Timber Index-Woodbased Panel (GTI-WBP) Index. The problem was reported by timber enterprises in Malaysia, Thailand, Gabon, Mexico and other nations at the beginning month of 2025. “Chinese enterprises

MIRI: Demanlink Connexion Sdn Bhd (Demanlink), a Sarawak-based telecommunications infrastructure company, has successfully deployed its first site in the state — an In-Building Coverage (IBC) solution at One Shell Square Miri (OSSM), the new headquarters for Shell Malaysia Upstream. Located at Miri Times Square, the IBC solution is equipped with

KUCHING: WTK Holdings Bhd’s traditional core timber business has been struggling with prolonged poor performance, incurring significant annual losses that offset profits from its oil palm business. For the financial year ended December 31, 2024 (FY2024), WTK’s timber segment recorded a pre-tax loss of RM40.4 million, an improvement from the

KUCHING: Shin Yang Group Bhd has more than doubled its group net profit to RM42.42 million in the second quarter ended December 31, 2024 (FY2Q2025), up from RM19.52 million in 2Q2024. This surge was bolstered by the maiden earnings contribution from its newly acquired automotive business. Group revenue soared to

KUCHING: AIZO Group Bhd’s net loss widened to RM6.02 million for the nine-month period ending December 31, 2024, compared to RM1.1 million in the same period in 2023, as revenue declined to RM87.9 million from RM94.5 million. The company’s loss per share increased to 0.31 sen from 0.07 sen. AIZO

KUCHING: Press Metal Aluminium Holdings Bhd has posted stronger earnings, with group net profit surging to RM1.76 billion for the financial year ended December 31, 2024 (FY2024), up from RM1.22 billion in FY2023. This growth was in tandem with a revenue increase to RM14.9 billion from RM13.8 billion. The company’s

KUCHING: Naim Holdings Bhd’s group net profit surged to RM228.2 million for the financial year ended December 31, 2024 (FY2024), compared to RM35 million in FY2023, marking an increase of RM193.2 million. This significant growth was primarily driven by substantial gains from land disposal. Year-on-year, group revenue jumped to RM498.5

KUCHING: ABM Fujiya Bhd (AFujiya) has commenced the production of enhanced flooded battery (EFB) batteries, a key component of an electric vehicle (EV) aside from lithium batteries, at its new manufacturing plant in Demak Laut Industrial Park, here. This move aligns with shifting market trends and the growing acceptance of