KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) has upgraded its 2024 profitability projections for airlines to US$30.5 billion in net profit compared to the US$25.7 billion forecast made in December 2023.

KUALA LUMPUR, March 21 — The Malaysia Aviation Group (MAG) returned to the black with a net profit of RM766 million for the financial year ended December 31, 2023 (FY2023), a swing of nearly RM1.1 billion against a net loss of RM344 million in FY2022.

KUALA LUMPUR, Feb 28 — Malayan Banking Bhd (Maybank) posted a higher net profit of RM9.35 billion, an increase by 17.5 per cent, for the financial year ended Dec 31, 2023 (FY2023) compared to RM7.96 billion in FY2022.

KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39 million in the same period last year.

TOKYO, Nov 1 — Toyota, the world's largest carmaker, posted a surge in net profit for the first half of the current fiscal year on Wednesday, amid a rise in sales, reported dpa news.

KUALA LUMPUR, Sept 1 —  CIMB Group Holdings Berhad (“CIMB Group” or “the Group”) on 30 August 2023 has announced that the Group recorded a net profit of RM3.42 billion for the first half ended 30 June 2023, an increase of 26.2%, compared to RM2.71 billion in the first half ended 30 June 2022.

ISTANBUL, June 5 — The airline industry net profit is expected to reach US$9.8 billion (RM44.8 billion) in 2023 with a 1.2 per cent margin, which is more than double the previous forecast of US$4.7 billion (RM21.5 billion) made in December 2022, said the International Air Transport Association (IATA) today,.

KUALA LUMPUR, May 30 — Malaysia Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first quarter ended March 31, 2023 (1Q FY2023), compared to a RM104.76 million loss from the previous corresponding quarter.

KUALA LUMPUR, Feb 22 — AirAsia X Bhd’s share price surged by 25 per cent after reporting an improved financial performance for the quarter ended December 31, 2022.

KUALA LUMPUR, Nov 30 — CIMB Group Holdings Bhd posted a solid net profit of RM1.41 billion in the third quarter ended September 30, 2022 (Q3 2022) from a net loss of RM100.59 million in Q3 of the financial year 2021.

KUALA LUMPUR, Nov 30 — Public Bank Bhd recorded a net profit of RM1.59 billion for the third quarter (Q3) ended Sept 30, 2022, up 16.8 per cent from RM1.36 billion a year earlier.

KUALA LUMPUR, April 26 — Westports Holdings Bhd registered a lower net profit of RM151.85 million in the first quarter ended March 31, 2022 (Q1FY22) from RM208.32 million a year ago, mainly due to the one-off prosperity tax.

KUALA LUMPUR, Feb 25 — Malayan Banking Bhd (Maybank) closed its financial year ended Dec 31, 2020 (FY20) with a lower net profit of RM6.48 billion compared with RM8.20 billion in FY19 due to significantly higher net impairment losses, owing to the continued impact from the Covid-19 pandemic.

KUALA LUMPUR, Feb 2 — Westports Holdings Bhd recorded a higher net profit of RM654.49 million in the financial year ended December 31, 2020 (FY20), compared with RM590.89 million chalked up in the previous year.

KUALA LUMPUR, Nov 30 — RHB Bank Bhd's net profit for the third quarter ended September 30, 2020 increased to RM622.25 million from RM615.83 million in the same quarter last year.

KUALA LUMPUR, Nov 20 — Pharmaniaga Bhd expects to produce its own halal vaccine in four to five years.

KUALA LUMPUR, Nov 19 — Media Prima Bhd, Malaysia's leading fully-integrated media group, has returned to the black with a net profit of RM12.43 million in the third quarter ended September 30, 2020 (Q3 2020) compared with a net loss of RM24.16 million in the previous corresponding period.

KUALA LUMPUR, Aug 4 — Hartalega Holdings Bhd's net profit surged 134 per cent to RM219.72 million in the first quarter ended June 30, 2020, from the RM94.06 million chalked up in the same period last year.