MQ Market Updates - 30 June 2025
MQ Market Updates - 30 June 2025
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Gamuda Bhd (GAMUDA) maintains a positive outlook with a strong project pipeline, aiming for an orderbook of RM40 billion to RM45 billion by end-2025.
Yinson Holdings Bhd (YINSON) reported a 43% drop in net profit to RM115 million for 1QFY26, down from RM203 million last year, due to reduced revenue from key activities.
Reservoir Link Energy Bhd (RL) secured a work order from Petronas Carigali Sdn Bhd for annulus wash and cement assurance services, indicating ongoing operational activity.
Top Glove Corp Bhd (TOPGLOV) faces a challenging earnings outlook, with industry pressures expected to continue into 2H25, as shares hover near 2023 lows following disappointing results.
Ni Hsin Group Bhd (NIHSIN) signed a heads of agreement to negotiate the acquisition of the Hy-Fresh group, a major player in the halal poultry sector.
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