Press Metal Posts 9M FY18 Revenue of RM6.94 Billion

 |  Friday, 23 November 2018 15:23  |  Published in CORPORATE

Press Metal Aluminium Holdings Berhad (PMETAL-8869), the largest Aluminium smelter in South East Asia closed its nine months ended 30 September 2018 with satisfactory results amidst fluctuation in both aluminium price and raw material costs.
The revenue increased by 15.5% to RM6.94 billion compared to RM6.01 billion in the same period of the prior year. The increase was mainly due to higher metal price in the previous quarters as well as revenue contribution from Leader Universal Aluminium Sdn Bhd, which was acquired in March 2018.

Allianz Malaysia earns RM 3.4 billion in GWP in nine months

 |  Friday, 23 November 2018 15:19  |  Published in CORPORATE

Allianz Malaysia Berhad Group (Allianz Malaysia), which announced its results for the first nine months of 2018, recorded a total of RM3.41 billion in the Group’s Gross Written Premiums (GWP) from January to September this year as compared to RM3.24 billion last year; a 5.2 percent increase.

The Group’s Total Assets grew 7.2 percent to RM17.50 billion in the first nine months of 2018 as compared to RM16.33 billion last year. Profit Before Tax stood at RM391.1 million from January to September this year as compared to RM310.9 million in the same corresponding period of 2017.

AMWAY Malaysia Q3 FY18 Revenue Gains Positive Traction

 |  Friday, 16 November 2018 10:39  |  Published in CORPORATE

Bursa Malaysia Main Market-listed Amway (Malaysia) Holdings Berhad announced its Q3FY18 revenue at RM260.2 million, representing 6.8 per cent growth vs. Q3FY17; and profit before tax at RM21.5 million, an increase of 10.5 per cent vs. Q3FY17.

This reflects the impacts from the Malaysian Financial Reporting Standard 15 (MFRS15), Revenue from Contracts with Customers, adopted with effect from 1 January, the Group adopted MFRS15 using the modified retrospective method where comparative figures were not restated.

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