KUCHING: Sarawak Plantation Bhd (SPB) has posted impressive earnings, with group net profit more than doubled to RM127.8 million in financial year ended Dec 31, 2021 (FY2021) from RM61.4 million in FY2020 as revenue surged to RM790.5 million from RM465.8 million, thanks to robust palm oil market . Earnings per
KUCHING: Sealink International Bhd has lost more money as its group net loss widened to RM65.8 million in financial year ended Dec 31, 2021 (FY2021) from RM40.8 million in FY2020 due to impairment on aged vessels and inventories as well as trade receivables. Year-on-year, group revenue dipped to RM37.8 million
KUCHING: Rimbunan Sawit Bhd has narrowed its group net loss to RM7.11 million in financial year ended Dec 31, 2021 (FY2021) from RM44.1 million in FY2020, thanks to the buoyant oil palm prices, despite drop in production and sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and
KUCHING: Sarawak’s export earnings from timber and timber products have leapt by about 25 per cent to RM376 million in January 2022 from RM301.5 million in the preceding month of December. Last month’s export revenue was also higher than RM225.9 million recorded in January 2021. The higher earnings were resulted
KUCHING: Sarawak’s crude palm oil (CPO) monthly production has fallen sharply at the start to the new year, slipping to 272,534 tonnes in January 2022 from 340,860 tonnes in December 2021 or down by 68,326 tonnes or 20 per cent. Last month’s output was also lower as compared to 280,769
KUCHING: Hubline Bhd has raised an additional RM4.02 million from the second tranche private placement exercise. The company placed out 108,603,000 new ordinary shares priced at RM0.037 each under the second tranche, it said in a filing with Bursa Malaysia. With the latest issuance of new shares, Hubline’s total number
KUCHING: Cahya Mata Sarawak Bhd (CMS) has appointed Datuk Seri Sulaiman Abdul Rahman Taib as its group managing director. The son of Sarawak Head of State Tun Abdul Taib Mahmud took over from Datuk Isaac Lugun, who has been redesignated as non-independent, non-executive director, effective July 8, 2021. Welcoming Sulaiman
SPECIAL REPORT KUCHING: Malaysia has lost 193,000 hectares of natural forest in 2019, and it ranked sixth among 10 tropical countries that lost the most primary forest last year. The loss recorded by Malaysia is equivalent to 97.1 metric tonnes of carbon dioxide (Co2) emission, according to data from University
KUCHING: Dayang Enterprise Holdings Bhd (DEHB) group’s net profit has soared to RM236.3 million in financial year ended December 31, 2019 (FY2019) — the best ever annual profits the company has achieved. The historic profits was RM72 million or 44 percent higher than RM164.2 million recorded in FY2018. The group’s
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) share price has been on an “extraordinary” rally following the change of key ownership barely three months ago. From a penny stock languishing below 50 sen per share a year ago, SCIB shot to intra-day high of RM2.50 yesterday against 2019’s close of RM1.90
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