KUALA LUMPUR: Fraser Neave Holdings Bhd( FN) posted a lower net profit of RM395. 16mil for the financial year ended Sept 30, 2021( FY21) from RM410. 38mil in FY20. The food and beverage( FB) group attributed the lower earnings to higher commodity prices, reduced export margins, company restructuring and Covid-19-related expenses as well as a lower share of profit from an associate.“ The 3.7% decline in the group profit for the year was partially mitigated by investment tax incentives at FB Thail

KARACHI: The central government’s total debt increased by Rs6. 153 trillion to Rs42. 994 trillion during a year from March 2021 to March 2022. During the current fiscal year FY22 the debt increased by Rs4. 29tr from Rs38. 704tr. The latest data issued by the State Bank of Pakistan on Thursday, the domestic debt and liabilities of the government increased by Rs1. 567tr to Rs28. 618tr during a year. Similarly, the foreign debts and liabilities increased by$ 12. 613bn to$ 128. 920bn during a year f

KUALA LUMPUR: Hartalega Holdings Bhd posted a net profit of RM3. 24bil in its financial year ended March 31, 2022, a 12.1% increase over RM2. 89bil in the previous year on the back of higher revenue. The glove maker reported revenue of RM7. 89bil in FY22, a 17.67% improvement over the 2021 financial year. Earnings per share for the year was 94.64 sen as compared with 84.43 sen previously. However, Hartalega said in a statement that it recorded a net loss of RM197. 9mil in the fourth quarter of F

The total loan guarantees extended by 17 major states to their entities have more than tripled to Rs 9.4 trillion by FY23 from Rs 3 trillion in FY17, says a report.... This is equivalent to the entire increase in such guarantees of these states during FY2017-22, Icra Ratings chief economist Aditi Nayar said in the report.... In fact, such guarantees have been steadily increasing over the years, from Rs 3 trillion in FY17 to Rs 7.7 trillion in FY21 and to Rs 9 trillion in FY22....

Истребитель F-35 и эсминец Зумвальт. Источник: ？ flickr.

PETALING JAYA: Ekuiti Nasional Bhd’s( Ekuinas) financial results for the financial year ended Dec 31, 2020( FY20) demonstrated resiliency in delivering value to its portfolio companies while executing its mandate despite the volatile economic environment.It said Ekuinas Direct( Tranche II) Fund recorded a gross portfolio return of RM571. 2mil, generating a gross internal rate of return( IRR) of 11.9% per annum and a net IRR of 8.2%. Ekuinas Direct( Tranche III) Fund recorded a gross portfolio lo

F-22/F-35. Источник изображения: U.

PETALING JAYA: YTL Corp Bhd reported a 52% year-on-year( y-o-y) jump in pre-tax profit for the financial year ended June 30, 2021( FY21), underpinned by the solid performance from its key operating subsidiaries locally and globally. The conglomerate told Bursa Malaysia yesterday that its pre-tax profit for FY21 came in at RM638. 5mil compared with RM419. 3mil a year earlier. Meanwhile, revenue was recorded at RM17. 36bil in FY21.... In comparison, the topline was RM19. 18bil in the preceding fi

KUALA LUMPUR: Petronas Gas Bhd( PetGas) is allocating a slightly higher capital expenditure( capex) of RM1. 4bil for the financial year ending Dec 31, 2022( FY22) compared with RM1. 2bil in FY21, Bernama reported. Managing director/ chief executive officer Abdul Aziz Othman said PetGas is expecting more maintenance work in FY22 as the country transitions into the endemic phase.“ We also expect to see more progress in the growth projects that we announced last year, ” he told a virtual press conf

KARACHI: Pakistan is under an obligation to pay$ 25 billion in debt servicing during the current fiscal year.It was disclosed in a briefing to analysts by the State Bank of Pakistan( SBP) on Monday after unveiling the monetary policy stance for the next two months. The country’s total repayment obligation amounts to slightly below$ 25bn in FY24, comprising$ 3. 3bn in interest payments and slightly above$ 21bn in principal repayments.... Approximately$ 11. 3bn is expected to be rolled over, said