CORPORATE

BFood Records Higher Revenue In The First Quarter Ended 31 July 2017

 |  Tuesday, 19 September 2017 11:10  |  Published in CORPORATE

Berjaya Food Berhad (“BFood”) registered a higher revenue and pre-tax profit of RM154.39 million and RM8.76 million respectively in the current quarter ended 31 July 2017 as compared to a revenue of RM141.37 million and pre-tax profit of RM7.45 million reported in the previous year’s corresponding quarter. The increase in revenue and pre-tax profit were mainly due to additional cafes operating in the current quarter.

Priceworth Commences Harvesting In FMU5

 |  Friday, 08 September 2017 10:58  |  Published in CORPORATE

Timber and sustainable forest management group Priceworth International Bhd has begun harvesting operations in Compartment 57 in Forest Management Unit 5 (FMU5), Sabah, through its subsidiary Sinora Sdn Bhd, following the completion of infrastructure and construction works.

“We expect timber harvested from Compartment 57 to immediately have a positive effect on our monthly production figures and ultimately on the throughput volume from our plywood manufacturing facility,”  said Priceworth executive director Richard Koo. “This will lead to a positive contribution to our bottom line.”

Damansara Realty Reverses Losses To Post 1h17 Net Profit Of RM2.5 Million

 |  Thursday, 07 September 2017 10:56  |  Published in CORPORATE

Bursa Main Board-listed Damansara Realty Bhd said yesterday that it recorded a net profit after taxof RM2.5 million for the six months ended 30 June 2017 (1H17), sharply reversing a net loss of RM9.8 million a year ago (1H16). 

The result marks DBhd’s strongest half-year performance in four years and reflects the success of its recent restructuring efforts.

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