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$NamCheong (1MZ.SG)$
Nam Cheong has reported a net profit of RM50.9 million ($15.3 million) for the 3QFY2024 ended Sept 30, down 19% y-o-y from the same period last year.
For the period, earnings per share stood at 11.74 sen, down from 72.81 sen in 3QFY2024.
This came on the back of higher selling and administrative expenses and operating expenses for the period.
Meanwhile, the group's revenue from its vessel chartering division saw a 34% y-o-y increase to RM200.4 million, driven by improved d...
Nam Cheong has reported a net profit of RM50.9 million ($15.3 million) for the 3QFY2024 ended Sept 30, down 19% y-o-y from the same period last year.
For the period, earnings per share stood at 11.74 sen, down from 72.81 sen in 3QFY2024.
This came on the back of higher selling and administrative expenses and operating expenses for the period.
Meanwhile, the group's revenue from its vessel chartering division saw a 34% y-o-y increase to RM200.4 million, driven by improved d...
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1. $MicroStrategy (MSTR.US)$ shares surged 11.60% Friday to close at $215.86. Bitcoin has risen 1.2% in the past 24 hours to $68,351, reaching a new two-month high. Benchmark has upgraded its price target from $215 to $245, citing the company's effective use of its bitcoin assets and strong performance in its foundational software operations. Analyst Mark Palmer pointed out that th...
1. $MicroStrategy (MSTR.US)$ shares surged 11.60% Friday to close at $215.86. Bitcoin has risen 1.2% in the past 24 hours to $68,351, reaching a new two-month high. Benchmark has upgraded its price target from $215 to $245, citing the company's effective use of its bitcoin assets and strong performance in its foundational software operations. Analyst Mark Palmer pointed out that th...
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