MARKETS

Change of Name: Latitude Tree Holdings Berhad to Rhong Khen International Berhad

 |  Friday, 03 June 2022 07:02  |  Published in MARKETS

Bursa Malaysia Berhad (Bursa Malaysia) wishes to announce the change in the name of the  Company as follows: 

PLS Plantations profits surge by 411.5% to RM13.3 million

 |  Wednesday, 01 June 2022 07:32  |  Published in MARKETS

KUALA LUMPUR, June 1, 2022 - (ACN Newswire) - PLS Plantations Berhad today announced a 411.5% jump in their net profit for their third quarter financial performance for the period ended 31 March 2022 (Q3FY2022). The Company recorded a net profit before tax (PBT) of RM16.1 million, 455.1% higher compared to RM2.9 million recorded in the corresponding quarter for the period ended 31 March 2021 (Q4FY2021). PLS Plantations' net profit after taxation and minority interest (PATMI) in Q3FY2022 came in at RM12.4 million, 416.7% higher than RM2.4 million in Q4FY2021. Total revenue climbed to RM32.1 million, an increase of 169.8% from RM 18.9 million in Q4FY2021. The increase in revenue and PBT were mainly attributed to the improved contribution made from the sales of fresh fruit bunches (FFB), and frozen durian products from international markets, especially China, as well as the collection of progress payment monies generated under the construction arm.

Leon Fuat Berhad Posts 29% Increase in Revenue to RM273 Million for Q1 FY2022

 |  Wednesday, 01 June 2022 07:30  |  Published in MARKETS

SHAH ALAM, Malaysia, June 1, 2022 - (ACN Newswire) - Leon Fuat Berhad, a manufacturer and trader of steel products, specialising in rolled long and flat steel products today released the Group's financial results for the first quarter ended 31 March 2022 (Q1FY2022) registering a 29.1% increase in revenue to RM273.02 million compared with RM211.48 million recorded in the corresponding quarter of the preceding financial year (Q1FY2021).


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