Manufacturing

Manufacturing output up 1.8% YoY in July

Manufacturing output up 1.8% YoY in July

Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.

MegaChem receives $4.4m insurance payout for July warehouse fire

In total, they have received $12.3m in insurance payouts. 

CNMC Goldmine to expand Kelantan plant capacity by 60% with new investment

The investment will increase the plant’s processing capacity to 800 tonnes of ore per day.

AEM Holdings net profit slumps 95% in H1 2024

Their revenue decreased by 37% to $173.6m. 

Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth

Its Mechatronics Division reported a 7.9% YoY revenue increase.

Sri Trang Gloves establishes new unit in China

This will be for gloves packing and distribution.

Figtree reports loss of $1.7m for H1; loss per share is 0.45

It is mainly due to no revenue from the OJJ Foods project.

Nanofilm narrows net loss by 51.1% in H1 2024

Net loss for the period was reduced to $3.7m from $7.6m.

UMS H1 net profit drops 35% to $19.5m

The decline was due to lower sales.

CNMC Goldmine's H1 net profit hits eight-year high with US$4.4m

The increase was due to a rise in gold output in its flagship mine in Malaysia.

BRC Asia revenue contracts 17% YoY in Q3 2024

Their profit after tax stood at $34.1m.

Oiltek’s net profit soars to 50% for H1 2024

As of 30 June the group's financial position is with zero debt.

Riverstone Holdings' revenue climbs 7.4% in H1 2024

However, revenue for Q2 2024 remains stagnant. 

AsiaPhos anticipates rebound in Q2 2024

The company reported a net loss of $0.38m in H1 2023.