MSM Reports Second Consecutive Quarter of Profit as Better Prices, Volume Trump Costs

Sugar manufacturer MSM Malaysia Holdings Bhd (KL:MSM) reported on Thursday its second consecutive quarter of net profit as better selling prices and utilitisation offset higher production costs.

The Edge MarketsMay 23 04:02 ET

MSM Malaysia Turns Profitable in Q1; Shares Drop 5%

MSM Malaysia (KLSE:MSM) swung to a profit in the first quarter mainly due to higher revenue. Profit for the period totaled 41.7 million ringgit or 0.0593 per share, versus the attributable loss of 35.

MT NewswiresMay 23 03:52 ET

MIDF Research Anticipates MSM to See Higher EPS

MIDF Research analysts project a bright outlook for MSM Malaysia Holdings Bhd (MSM), anticipating an upsurge in its earnings per share (EPS).

BernamaApr 3 05:49 ET

MSM to Benefit From Normalisation of Sugar Ceiling Prices After Targeted Subsidy Implementation, Says MIDF

KUALA LUMPUR (April 3): MSM Malaysia Holdings Bhd stands to benefit from the normalisation of sugar ceiling prices after the implementation of targeted subsidies, according to MIDF Research.

The Edge MarketsApr 2 23:44 ET

Malaysian Shares Rebound as US Fed Keeps Rate Unchanged; Vstecs' Shares Rally Over 7%

Malaysian shares ended in the green zone on Thursday, overcoming losses of the previous session. The investor interest rebounded after the decision by the US Federal Reserve to keep interest rates unc

MT NewswiresMar 21 05:32 ET

Malaysian Shares End Week in Black; Heitech Padu's Shares Rally Over 23%

Malaysian shares ended in positive territory on Friday, extending yesterday's gains, as investors remained upbeat as employment stabilized and the central bank kept policy rates unchanged. The FTSE Bu

MT NewswiresMar 8 04:34 ET