Petronas’ 2023 net profit lower at RM80.7 bln amid average realised prices’ reduction
KUALA LUMPUR, March 15 — Petroliam Nasional Bhd (Petronas) posted a lower net profit of RM80.7 billion in the financial year which ended on December...
Analysts: TM to spend higher capex for growth, fulfil commitment under Jendela
KUALA LUMPUR, March 3 — Research firms expect Telekom Malaysia Bhd’s (TM) capital expenditure (capex) to remain elevated to drive its next stage of growth...
Perodua allocates RM1.15 bln capex for 2023
KUALA LUMPUR, Jan 31 — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has allocated RM1.15 billion in capital expenditure (capex) this year for business expansion and...
TNB to invest around RM20 bln Capex per annum to fast-track energy transition plan
KUALA LUMPUR, Aug 17 — Tenaga Nasional Bhd (TNB) will invest around RM20 billion per year over the next 28 years as capital expenditure (Capex)...
Top Glove sees slump in profit, cuts back capital expenditure
KUALA LUMPUR, June 9 — Top Glove Corp, the world’s largest medical glove maker, posted a 98.6 per cent drop in quarterly profit due to...
Petronas plans RM40 bln capex, RM25 bln dividend to govt in FY2021
KUALA LUMPUR, Aug 27 — Petroliam Nasional Bhd (Petronas) sees its capital expenditure for the financial year ending December 31, 2021 (FY2021) to close at...
TM foresees flat or low single-digit revenue growth for FY21
KUALA LUMPUR, Feb 24 — Telekom Malaysia Bhd (TM) expects its revenue to flatten or grow at a low single digit for the financial year...