Petronas Dagangan Records 63% increase in Profit after Tax

 |  Tuesday, 27 February 2018 15:40  |  Published in CORPORATE

Petronas Dagangan Bhd (PDB) concluded FY2017 by achieving another record-breaking year, fuelled by its improved margins and gain from disposal of its subsidiaries. 

The Group registered a record Profit After Tax (PAT) of RM1,545.0 million, an increase of 63%, from RM946.5 million in FY2016. PAT from continuing operations improved by 21% to RM1,087.9 million.

Kejuruteraan Asastera Declares Inaugural Dividend Payout

 |  Tuesday, 27 February 2018 15:38  |  Published in CORPORATE

Kejuruteraan Asastera Bhd (KAB), a home-grown electrical and mechanical engineering specialist listed on the ACE Market of Bursa Malaysia), yesterday declared a single-tier interim dividend of 0.5 sen per share, amounting to RM1.6 million, for the financial year ending 31 December 2018. This marks the Company’s inaugural dividend payout since its recent listing on 17 November 2017. 

The interim dividend is payable on 6 April 2018. The ex-date is 9th March 2018 and entitlement date is 13 March 2018.

Bumi Armada Reports Full Year 2017 Net Profit of RM352 Million

 |  Tuesday, 27 February 2018 15:36  |  Published in CORPORATE

Malaysia-based international offshore energy facilities and services provider Bumi Armada Bhdyesterday announced its fourth quarter (Q4) and full year (FY) 2017 financial results. 

The Group saw revenue for FY 2017 increase by 82.3% to RM2.4 billion over FY 2016. This increase was mainly due to higher revenue from the FPO business, which increased by 263.5% in FY 2017, versus FY 2016. The increase in the FPO revenues was mainly due to stronger contributions from the four new FPO projects delivered over the course of the year. 

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