MQ Market Updates - 21 February 2025
MQ Market Updates - 21 February 2025
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LBS Bina Group Bhd (LBS) achieved an 11-year high in PATMI, reporting RM240.2 million from continuing operations.
Petronas Chemicals Group Bhd (PCHEM) reported a 30.7% YoY drop in net profit to RM1.18 billion for FY24, impacted by market challenges, but returned to profitability in Q4 due to forex gains.
MISC Bhd (MISC) faced its first loss in over two years, with a net loss of RM446.2 million in Q4 FY24, attributed to asset writedowns and declining revenue across segments.
YTL Power International Bhd (YTLPOWR) saw its core net profit for 6MFY25 fall 18% YoY to RM1.38 billion, below market expectations.
Top Glove Corp Bhd (TOPGLOV) subsidiary, TG Treasury Bhd, issued a five-year senior sukuk wakalah valued at RM800 million.
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