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PETALING JAYA: Price-sensitive consumers are anticipated to be more cautious in their discretionary spending this year, mainly due to the global economic slowdown.
Hup Seng Industries Bhd’s lower dividend payout rate in financial year 2023 (FY23), despite its cash pile rising year-on-year, has led analysts to cut their forecast on the company’s payout rate for the coming years.
KUALA LUMPUR: Pendapatan Hup Seng Industries Bhd pada suku keempat tahun kewangan 2023 meningkat dipacu kenaikan 18 peratus pasaran eksport, terutamanya dari Thailand, Indonesia dan China.BIMB Securities Research dalam satu nota penyelidikan berkata, pendapatan pengeluar biskut itu daripada pasaran domestik bagaimanapun ...
KUALA LUMPUR: Copanies that recently made headlines include CTOS, Dialog, Hup Seng, Hextar, MGB, Tune Protect, CN Asia, Public Bank, RHB, Dataprep, GFM and PA Resources, said Apex Securities Research.
KUALA LUMPUR (Feb 19): Here is a brief recap of some corporate announcements that made the news on Monday.
Dialog Group Bhd's net profit rose 16.6% to RM148.29 million for its second quarter ended Dec 31, 2023 from RM127.15 million a year earlier, as revenue rose 7.8% t...
Biscuit maker Hup Seng Industries Bhd said on Monday its 2023 net profit surged nearly 73% to a seven-year high as sales rose and costs fell, while proposing special dividends.
The beginning of the week will be relatively quiet on the business and economic front as Malaysians observe the Chinese New Year holiday. Bursa Malaysia will be closed on Monday and resume operations on Tuesday.
CONFECTIONERY stocks on Bursa Malaysia have caught the interest of investors lately, judging by the improved value of the shares compared to a year ago.
Some industry observers say the interest in the confectionery stocks is probably due to improved earnings over the last few quarters a...
WHILE consumer stocks are climbing as they typically do ahead of the Chinese New Year and Hari Raya celebrations, the sector at this time of year may not project the usual vibrancy as the upside is seen as capped by cautious spending amid inflation worries. In fact, the fund managers with whom Th...