strengthening its presence in Indonesia. Group managing director, Datuk Zulkarnain Md Eusope said

( Nov 17). Pharmaniaga group managing director Datuk Zulkarnain Md Eusope said the vaccine will be

PETALING JAYA: Pharmaniaga Bhd recorded a net profit of RM27. 73mil in the first quarter ended March 31, 2022, a 19.8% increase over RM23. 14mil in the previous corresponding quarter. The pharmaceuticals group reported revenue of RM962. 17mil, a 21.26% improvement over the comparative quarter.“ The improved results were mainly attributable to higher contribution by the logistics and distribution division as new products were added into the Ministry of Health Malaysia’s Approved Products Purchase

PETALING JAYA: There does not appear to be a shortage of medicines in the local market in general, said Pharmaniaga Bhd. The biggest pharmaceutical group said a good reason for the apparent shortage is quite likely due to people falling sick more often after lockdowns restrictions have been eased." During Covid-19, many stayed at home and there was much less an occurrence of sickness.... This is based on the sales statistics of our antibiotics and medicines-last year these were very low.... Bu

KUALA LUMPUR: Pharmaniaga Bhd recorded a net profit of RM27. 73mil in the first quarter ended March 31, 2022, a 19.8% increase over RM23. 14mil in the previous corresponding quarter. The pharmaceuticals group reported revenue of RM962. 17mil, a 21.26% improvement over the comparative quarter." The improved results were mainly attributable to higher contribution by the Logistics and Distribution Division as new products were added into the Ministry of Health Malaysia’s Approved Products Purchase

KUALA LUMPUR: Stocks to watch for on Thursday include TCS, Samaiden, Nisko Capital, TH Heavy Engineering, Awanbiru Technology, Bintai Kinden and Tan Chong Motor.... Samaiden has inked a 20-year solar power purchase agreement with Perbadanan Pengurusan Sunway Nexis, under which the latter will purchase electricity generated from a rooftop solar photovoltaic( PV) power system that will be developed by Samaiden.... Trading in TH Heavy Engineering securities will be suspended on Dec 9, as its appe

GEORGE TOWN: Penang MCA has questioned the DAP-led state government as to why they did not purchase Sinovac Covid-19 vaccine to speed up the vaccination process in the state. Penang MCA vice-chairman and Youth chief Lim Swee Bok said the daily Covid-19 cases in the state were on the rise.“ People are facing serious challenges and we would like to know why the state government is not buying Covid-19 vaccine to speed up the vaccination process.“ We urge the state government to work hand-in-hand wi

KUALA LUMPUR: Pharmaniaga Bhd has allocated a higher capital expenditure( capex) of RM295mil for the financial year 2022 ending Dec 31( FY22) as compared to RM106. 9mil in FY21. Its chief financial officer Norai’ni Mohamed Ali said the capex allocation would be largely for logistics and distribution which accounted for 61%, followed by the manufacturing sector( 36%) and its businesses in Indonesia( 3%).“ For logistics and distribution, we are looking at the expansion of a new warehouse, central

PETALING JAYA: Pharmaniaga Bhd is back in the black, posting a net profit of RM85. 5mil in the fourth quarter ended Dec 31, 2021, compared to losses of RM6. 33mil a year earlier. Its revenue for the quarter surged 12.2% to RM711. 72mil from RM634. 58mil previously.In a filing with Bursa Malaysia, the pharmaceutical group attributed the topline and bottomline’s stellar performance to the supply of Sinovac Covid-19 vaccine to the Ministry of Health( MoH) and the private sector, followed by higher

KUALA LUMPUR: The Sessions Court was told that the former Felcra CFO had received direct instructions from Kinabatangan MP Datuk Seri Bung Moktar Radin to expedite the board of directors’ resolution on Felcra’s RM150mil investment in Public Mutual Bhd's unit trusts. Mohd Azmy Abu Samah, 54, said as an employee, he only followed the instructions given as Bung Moktar had approved his appointment as CFO at the agency." At that time, I still didn't understand there was a situation, that there was an