FGV News

Analysts Trim FGV Earnings Forecasts After 1Q Miss

Investment analysts have trimmed their earnings forecasts for FGV Holdings Bhd (KL:FGV) after the crude palm oil producer's first-quarter results missed their expectations.

The Edge MarketsMay 28 23:05 ET

FGV Swings to Loss in Q1 as Revenue Slides

FGV Holdings (KLSE:FGV) incurred a loss attributable to owners of 13.5 million ringgit, or 0.0037 ringgit per share, in the first quarter, reversing a profit of 12.1 million ringgit, or 0.0033 ringgit

MT NewswiresMay 28 04:42 ET

FGV Posts RM13m Net Loss in 1Q on Reduced Segmental Profits

KUALA LUMPUR (May 28): FGV Holdings Bhd (KL:FGV) posted a net loss of RM13.49 million for the first quarter ended March 31, 2024 versus net profit RM12.09 million in the year-ago quarter, due to reduced profits from almost all divisions.

The Edge MarketsMay 28 01:54 ET

MY Morning Wrap | Public Bank Reports 3.5% Drop in Net Profit for Q1FY2024

Stocks to watch: Public Bank, KLK.

Moomoo News MYMay 20 20:35 ET

Malaysia Closing Bell on 09 May | MRDIY Was the Top Gainer of FBM KLCI

MRDIY was the top gainer, rising 0.56 percent to close at RM 1.790. The top loser was AXIATA, losing 2.08 percent to end at RM 2.830.

moomoo NewsMay 9 05:24 ET

Malaysia Closing Bell on 29 Apr | MRDIY Was the Top Gainer of FBM KLCI

MRDIY was the top gainer, rising 1.95 percent to close at RM 1.570. The top loser was SIME, losing 1.07 percent to end at RM 2.780.

moomoo NewsApr 29 05:29 ET

FGV Seeks Renewal of Revenue-Generating Transaction Authority

FGV Holdings (KLSE:FGV) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting (AGM), according to a filing with Bursa Malaysia on Wedn

MT NewswiresMar 28 06:09 ET

FGV Gets Sixth Extension to Comply With Public Shareholding Spread Requirement

FGV Holdings Bhd said it has been granted a further six-month extension until Sept 2 by Bursa Securities to comply with the public shareholding spread requirement.

The Edge MarketsMar 19 08:23 ET

Malaysia Closing Bell on 15 Mar | TM Was the Top Gainer of FBM KLCI

15 Mar 2024 Friday FBMKLCI: 1552.830 (+0.59%) FBM70: 15664.640 (+0.52%) FBM SCAP: 16929.100 (+0.45%) FBM Emas Index: 11543.590 (+0.56%)

moomoo NewsMar 15 05:26 ET

Malaysia Closing Bell on 05 Mar | GENTING Was the Top Gainer of FBM KLCI

05 Mar 2024 Tuesday FBMKLCI: 1536.980 (-0.15%) FBM70: 15363.410 (-0.24%) FBM SCAP: 16661.580 (-0.24%) FBM Emas Index: 11397.010 (-0.18%)

moomoo NewsMar 5 07:03 ET

Malaysia Closing Bell on 29 Feb | TENAGA Was the Top Gainer of FBM KLCI

29 Feb 2024 Thursday FBMKLCI: 1551.440 (+0.38%) FBM70: 15446.150 (+0.05%) FBM SCAP: 16780.350 (-0.51%) FBM Emas Index: 11491.820 (+0.25%)

moomoo NewsFeb 29 05:00 ET

FGV Profit Shrinks 92% in FY23, No 'Buy' Calls for Now

FGV Holdings Bhd, witnessing a 92% drop in its 2023 net profit, has some room to cover as its profitability came below the consensus of analysts.

The Malaysian ReserveFeb 28 05:52 ET

FGV's Profit Plunges in Q4 as Revenue Slumps

FGV Holdings' (KLSE:FGV) profit attributable to owners plummeted to 71.8 million ringgit, or 0.0197 ringgit per share, in the fourth quarter of 2023 from 344.3 million ringgit, or 0.0944 ringgit per s

MT NewswiresFeb 27 01:02 ET

FGV's 2023 Net Profit Shrinks 12-fold on Lower Palm Oil Prices

FGV Holdings Bhd's net profit fell 12-fold to RM103 million in 2023 from RM1.33 billion in 2022 as the group's mainstay plantation business' earnings plummeted amid lower average crude palm oil (CPO) prices. Revenue for the financial year ended Dec 31, 2023 (FY2023) dropped 24.26% to RM19.36 billion from RM25.56 billion in the previous year, according to the agribusiness group's bourse filing on Monday.

The Edge MarketsFeb 26 07:07 ET

Malaysia Closing Bell on 21 Feb | PBBANK Was the Top Gainer of FBM KLCI

21 Feb 2024 Wednesday FBMKLCI: 1552.400 (-0.21%) FBM70: 15515.670 (-0.19%) FBM SCAP: 17087.390 (-0.76%) FBM Emas Index: 11521.830 (-0.24%)

moomoo NewsFeb 21 04:46 ET

Syed Mokhtar Eyes FGV's Downstream Businesses to Create Consumer Product Giant

AFTER several failed attempts to get a foot in the door of FGV Holdings Bhd, low-profile tycoon Tan Sri Syed Mokhtar Albukhary has proposed a merger of his rice trading and distribution business with the plantation company's consumer products and logistics divisions. The merger, if approved, woul...

The Edge MarketsFeb 5 03:55 ET

Market Chatter: FGV Pays MYR72.2 Million Recruitment Fees to Immigrant Workers

FGV Holdings (KLSE:FGV) refunded 72.2 million ringgit in recruitment fees to 19,673 workers to date, including former migrant workers, The Star reported Thursday. Citing group chief executive officer

MT NewswiresJan 12 01:58 ET

FGV Says It Reimbursed RM72.2 Mil to 19,673 Migrant Workers

FGV Holdings Bhd said it has made good progress in its efforts to modify the Withhold Release Order issued by the US Customs and Border Protection.

The Edge MarketsJan 9 21:32 ET

FGV Upsizes Islamic Debt Program to MYR3 Billion; Extends Tenure

FGV Holdings (KLSE:FGV) said it upsized the Sukuk Murabahah Program to 3 billion ringgit in nominal value from up to 500 million ringgit. The tenure of the Islamic debt program will also be extended t

MT NewswiresDec 17, 2023 23:59 ET

FGV's Profit Plummets in Q3 as Revenue Declines

FGV Holdings' (KLSE:FGV) profit attributable to owners slumped to 32 million ringgit, or 0.0088 ringgit per share, in the third quarter, from 241.7 million ringgit, or 0.0662 ringgit per share, a year

MT NewswiresNov 29, 2023 23:28 ET