Malaysia Closing Bell on 23 Apr | IHH Was the Top Gainer of FBM KLCI
IHH was the top gainer, rising 1.46 percent to close at RM 6.240. The top loser was MISC, losing 1.63 percent to end at RM 7.870.
British American Tobacco (Malaysia) Seeks Renewal of Revenue-Generating Transaction Authority
British American Tobacco (Malaysia) (KLSE:BAT) is looking to renew its authorization to conduct revenue-generating transactions, according to a filing with Bursa Malaysia on Wednesday. The tobacco com
British American Tobacco Malaysia Trims Dividend as Profit Drops in Q4 2023
British American Tobacco (Malaysia)'s (KLSE:BAT) profit attributable to owners dropped to 47.4 million ringgit in the fourth quarter of 2023, from 61.7 million ringgit a year earlier. Earnings per sha
BAT Malaysia's Outlook Remains Challenging as Vaping Surges, Says HLIB Research
British American Tobacco (Malaysia) Bhd's (BAT Malaysia) earnings outlook remains challenging due to the growing prevalence of vaping, which is expected to persistently erode the group's combustible cigarette segment which anchors the group's sales, according to Hong Leong Investment Bank (HLIB) Research.
BAT Malaysia's 4Q Net Profit Down 23% to RM47.36 Mil, Announces 15 Sen Dividend
British American Tobacco (Malaysia) Bhd’s (BAT Malaysia) net profit declined 23.27% to RM47.36 million in the fourth quarter ended Dec 31, 2023 (4QFY2023) from RM61.72 million a year ago (4QFY2022), attributed to significant investments in launching vapour products, resulting in higher operating expenses.
With Vape Now Legal, BAT Malaysia Races to Catch up
BRITISH American Tobacco (Malaysia) Bhd (BAT Malaysia) has joined an intensifying race to turn smokers towards vaping, which is generally considered less harmful than smoking cigarettes. On July 31, it rolled out its own vapour brand, Vuse, making it the first international cigarette company to enter the Malaysian vape market, touted to be worth RM2.49 billion by the Malaysian Vape Chamber of Commerce.
HLIB Research Lowers Target Price for BAT to RM9.22 on Lacklustre 2Q Results
Hong Leong Investment Bank (HLIB) Research has lowered British American Tobacco Malaysia Bhd's (BAT) target price (TP) while maintaining its "hold" call on the stock after the group's lacklustre results in its second quarter ended June 30, 2023 (2QFY2023).
British American Tobacco Cuts Dividend as Profit Slumps in Q2
British American Tobacco (Malaysia) (KLSE:BAT) said its profit attributable to owners dropped to 47.5 million ringgit in the second quarter from 73.2 million ringgit a year earlier. Earnings per share
MY Morning Wrap | Bursa Malaysia Opens Higher on Tuesday
Stocks to watch: Betamek, IJM, JAG, British American Tobacco Malaysia, United Plantations.
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