Manufacturing
Manufacturing output up 1.8% YoY in July
Manufacturing output up 1.8% YoY in July
Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.
MegaChem receives $4.4m insurance payout for July warehouse fire
In total, they have received $12.3m in insurance payouts.
Spindex’s net profit surges 43.8% YoY to $15.6m in FY 2024
Earnings per share stood at $13.49.
CNMC Goldmine to expand Kelantan plant capacity by 60% with new investment
The investment will increase the plant’s processing capacity to 800 tonnes of ore per day.
Economists remain upbeat about NODX growth despite July’s likely one-off surge
NODX grew 15.7% YoY in July.
AEM Holdings net profit slumps 95% in H1 2024
Their revenue decreased by 37% to $173.6m.
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
Sri Trang Gloves establishes new unit in China
This will be for gloves packing and distribution.
Figtree reports loss of $1.7m for H1; loss per share is 0.45
It is mainly due to no revenue from the OJJ Foods project.
Nanofilm narrows net loss by 51.1% in H1 2024
Net loss for the period was reduced to $3.7m from $7.6m.
UMS H1 net profit drops 35% to $19.5m
The decline was due to lower sales.
CNMC Goldmine's H1 net profit hits eight-year high with US$4.4m
The increase was due to a rise in gold output in its flagship mine in Malaysia.
Fu Yu reverses losses with $72k net profit in H1 2024
Revenue grew 78% to $126.7m.
BRC Asia revenue contracts 17% YoY in Q3 2024
Their profit after tax stood at $34.1m.
Oiltek’s net profit soars to 50% for H1 2024
As of 30 June the group's financial position is with zero debt.
Riverstone Holdings' revenue climbs 7.4% in H1 2024
However, revenue for Q2 2024 remains stagnant.
AsiaPhos anticipates rebound in Q2 2024
The company reported a net loss of $0.38m in H1 2023.
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