DRB-HICOM Berhad (KLSE:DRBHCOM) Will Pay A Larger Dividend Than Last Year At MYR0.025
When Should You Buy DRB-HICOM Berhad (KLSE:DRBHCOM)?
Malaysia Closing Bell on 04 Mar | GENM Was the Top Gainer of FBM KLCI
04 Mar 2024 Monday FBMKLCI: 1539.270 (+0.08%) FBM70: 15400.130 (+0.10%) FBM SCAP: 16702.050 (-0.35%) FBM Emas Index: 11417.100 (+0.06%)
DRB-HICOM's FY2023 Net Profit Surges on Automotive Sector Growth
DRB-HICOM Bhd reported a net profit of RM238.88 million for the fiscal year ending Dec 31, 2023, compared to RM187.71 million in the previous year, backed by a 2.2% increase in revenue reaching RM15.9 billion.
DRB-Hicom Posts RM26.5m Net Profit in 4Q Amid Higher Financing Income
DRB-Hicom Bhd posted a net profit of RM26.47 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), compared with a net loss of RM1100.06 million a year earlier, helped by higher financing income from its banking sector.
Malaysia Closing Bell on 28 Feb | NESTLE Was the Top Gainer of FBM KLCI
28 Feb 2024 Wednesday FBMKLCI: 1545.590 (-0.85%) FBM70: 15438.630 (-0.47%) FBM SCAP: 16866.180 (-1.33%) FBM Emas Index: 11463.630 (-0.79%)
Malaysia Closing Bell on 27 Feb | AXIATA Was the Top Gainer of FBM KLCI
27 Feb 2024 Tuesday FBMKLCI: 1558.800 (+0.72%) FBM70: 15510.800 (+0.02%) FBM SCAP: 17094.360 (-0.22%) FBM Emas Index: 11554.630 (+0.50%)
Malaysia Closing Bell on 26 Feb | MRDIY Was the Top Gainer of FBM KLCI
26 Feb 2024 Monday FBMKLCI: 1547.600 (-0.10%) FBM70: 15507.730 (-0.54%) FBM SCAP: 17131.250 (+0.09%) FBM Emas Index: 11497.280 (-0.19%)
MY Morning Wrap | PETRONAS' 3-Year Outlook Report Boosts Domestic Energy Stocks
Stocks to watch: AEON Credit, DRB-Hicom.
DRB-Hicom, Geely Form JV to Develop Automotive High-Technology Valley in Malaysia
DRB-Hicom (KLSE:DRBHCOM) signed a joint venture deal with Geely Automobile Holdings' (HKG:0175) parent, Zhejiang Geely Holding Group, to develop the automotive high-technology valley in Malaysia. The
MY Morning Wrap | YTL Power and YTL Corp Hit Fresh Record Highs on AI Hub Tie-Up with Nvidia
Stocks to watch: YTL Power.
Analysts Remain Optimistic on DRB-Hicom's Outlook Despite Lower 3Q Profits
Analysts maintain a positive outlook on DRB-Hicom Bhd, despite the group recording a 50.8% drop in net profit in the third quarter ending Sept 30, 2023 (3QFY2023), compared to the same period last year.
DRB-Hicom's 3Q Net Profit Halves to RM71 Mil
DRB-Hicom Bhd registered a 50.8% drop in net profit to RM70.80 million in the third quarter ended Sept 30, 2023 (3QFY2023), compared with RM143.95 million a year ago, as revenue and share of profit from associate companies declined while finance costs remained at similar levels from a year ago.
MY Morning Wrap | PetDag 3Q Net Profit Tumbles 33% to RM184.7mil
Stocks to watch: PetDag, TM, Genting, GenM.
DRB-HICOM Berhad (KLSE:DRBHCOM) Shares Could Be 33% Above Their Intrinsic Value Estimate
DRB-Hicom Unit EON Invests in Auto Fintech Startup
DRB-Hicom Bhd's wholly-owned subsidiary, Edaran Otomobil Nasional Bhd (EON), has made an investment in Genie Malaysia, a subsidiary of Carro, Southeast Asia's largest online used-car platform. The investment is aligned to the group's move to enhance its automotive distribution ecosystem, said DRB-Hicom in a joint statement with Carro on Thursday.
MY Morning Wrap | Nestle 3Q Net Profit at RM133.7mil, Declares 70 Sen Dividend
Stocks to watch: Nestle, Vitrox, Unisem.
DRB-Hicom, China's Geely to Develop Automotive High-Technology Valley in Malaysia
DRB-Hicom (KLSE:DRBHCOM) signed a master collaboration deal with Geely Automobile Holdings (HKG:0175) parent Zhejiang Geely Holding Group to develop the automotive high-technology valley in Malaysia.
Should You Think About Buying DRB-HICOM Berhad (KLSE:DRBHCOM) Now?
Returns Are Gaining Momentum At DRB-HICOM Berhad (KLSE:DRBHCOM)
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