KUCHING: OM Holdings Limited’s (OMH’s) profits in first half of 2025 (1H2025) have been eroded by lower prices of ferrosilicon (FeSi) due to weaker demand from the downstream steel market. Company’s earnings before interest, tax, depreciation and amortisation fell sharply to USD19.1 million (1H2024: USD46.6 million) despite a marginal revenue
KUCHING: Kim Hin Industry Bhd has submitted an application to Bursa Securities for an extension of time to rectify the company’s shortfall in public shareholding spread. The ceramic tiles manufacturer said the application for time extension submitted on August 25 is to allow sufficient time for the company to formulate
KUCHING: Sarawak Consolidated Indusdtries Bhd (SCIB) has announced making a second offer of share option plan (SOP) options under the company’s long term incentives plan (LTIP) totalling more than 64.37 million options. The number of options offered include to director Chiew Jong Wei on August 28, 2025 which was about
KUCHING: The international demand for wood-based panels has risen further last month, greatly benefitting manufacturers and suppliers in pilot countries monitored by International Tropical Timber Organisation (ITTO). In July, the Global Timber Index-Woodbased Panel (GTI-WBP) Index registered 59.3 per cent, up 1.6 percentage points from June, and above the critical
KUCHING: Property developer, Naim Holdings Bhd, has reported weaker bottom line, with group net profit falling by more than RM28.4 million (-60 per cent) to RM17.9 million in the second quarter ended June 30, 2025 (2Q 2025) from RM46.3 million a year ago despite a sharp increase in revenue to
KUCHING: Borneo Oil Bhd group has suffered huge group after-tax loss of RM90.8 million in fourth quarter ended June 30, 2025 (4Q2025) on revenue of RM22.1 million due mainly to a fair value loss of RM81 million in Verde Resources Inc (OTC Markets: VRDR) in the US. “Despite this temporary
KUCHING: Rimbunan Sawit Bhd has posted considerably higher revenue of RM155.5 million in second quarter ended June 30, 2025 (2Q2025) as compared to RM115.6 million a year ago, or up by RM39.9 million (34.5%), bolstered by higher sales volumes and selling prices of fresh fruit bunches (FFB) and crude palm
KUCHING: WTK Holdings Bhd has made a slew of changes to its board of directors and senior management. The timber/plantation company redesignated Datin Sri Annie Wong Haw Ping as executive director from non-executive director. Also appointed executive director is Lai Soon Ong whereas Tan Yen Lin has been appointed as
KUCHING: Weaker sales of logs and timber panels as well as fresh fruit bunches (FFB) have adversely impacted group revenue of Subur Tiasa Holdings Bhd which plunged by 29 per cent to RM70.9 million in the second quarter ended June 30, 2025 (2Q2025) against RM100.3 million in the previous year’s
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
