MY Morning Wrap | Public Bank Reports 3.5% Drop in Net Profit for Q1FY2024
Stocks to watch: Public Bank, KLK.
The Downtrend of Astro's Shares: Time to Buy or a Signal to Retreat?
Astro reported earnings results last week, revealing a decline in net profit for the fiscal year ending January 31, 2024 (FY2024), which fell from RM 259 million in the previous fiscal year to RM 36.88 million. Revenue decreased by 8.4% YoY, from RM 3.62 billion to RM 3.34 billion. The contraction in earnings was primarily attributed to ongoing trends of TV subscriber churn and lower advertising expenditure (adex).
MY Morning Wrap | Sunway Construction Secures RM747.8 Million Data Centre Construction Job
Stocks to watch: SunCon, EcoWorld, Top Glove.
MY Morning Wrap | Sunway-REIT Expected to Recover in Financial Year 2024, Say Research Houses
Stocks to watch: Sunway, IJM.
Amazon Launches Astro Robot Security For Businesses
Amazon.Com, Inc. (NASDAQ:AMZN) launched Astro for Business, a security solution for small and medium-sized businesses that combines robotics, smart security, and artificial intelligence (AI). Also Rea
MY Morning Wrap | MyEG, Subsidiary Get Three-Year Contract Extension from JPJ
Stocks to watch: MyEG, BAT Malaysia