MQ Market Updates - 28 April 2025
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Bursa Malaysia Bhd (BURSA) reported an 8.8% decline in net profit to RM68.4 million for Q1 FY25, attributed to rising operating expenses.
CTOS Digital Bhd (CTOS) faced disappointing earnings due to increased costs from team expansion and an unfavorable sales mix, leading to a 30% drop in net profit.
Dayang Enterprise Holdings Bhd (DAYANG) secured three major offshore maintenance contracts worth RM4 billion, indicating strong demand in the sector.
Magni-Tech Industries Bhd (MAGNI) continues to thrive in the garment industry, relying on long-term customer relationships.
Astro Malaysia Holdings Bhd (ASTRO) saw its stock rise after settling a federal tax issue.
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