KUALA LUMPUR: Stocks that are in focus on Monday include Solution Group , Jerasia Capital, Sime Darby Plantation , Inari Amertron , KPJ Healthcare , Malaysia Smelting Corp , Petra ENergy and Elsoft Research , said JF Apex Research.
Solution Group announced that its wholly-owned subsidiary Solution Biologics Sdn Bhd has received the Good Manufacturing Practices (GMP) approval from the National Pharmaceutical Regulatory Agency (NPRA) to commence local formulation, filling and finishing of CanSino's single-dose vaccine Convidecia in Malaysia.
Jerasia Capital said its wholly-owned subsidiary Jerasia Apparel Sdn Bhd has received a winding-up petition from AmBank (M) Bhd over unpaid debts amounting to RM22.39mil.
Sime Darby Plantation's 4QFY21 net profit more than tripled to RM468mil, compared with RM149mil a year ago, driven by both upstream and downstream segments.
Inari Amertron's 2QFY22 net profit jumped 19% yoy, mainly from a 11% growth in revenue; KPJ Healthcare posted a 27% yoy drop in net profit for its 4QFY21 despite recording an 11% improvement in revenue.
Malaysia Smelting Corp saw its net profit for its 4QFY21 rise more than four times thanks to high tin prices.
Petra Energy reported a 20% improvement in net profit of RM12.54mil from RM10.48mil for its 4QFY21.
Elsoft Research posted a 4QFY21 net profit of RM5.66mil, compared with a net loss of RM3.32 million, on the back of improved revenue and the absence of a one-off impairment loss in investment in associate.