Thursday 28 Mar 2024
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EVENING 5: Broadly strong 2Q corp earnings, but scarred by deep worries

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 

1. CIMB Group Holdings Bhd says it is concerned enough about 2HFY21 to lower its loan growth guidance despite solid 2Q earnings

2. FGV Holdings Bhd saw its 2QFY21 net profit spike more than 16-fold to RM339 million. 

3. AMMB Holdings Bhd announced a 6% growth in 1QFY22 net profit despite revenue dipping. 

4. Hong Leong Bank Bhd ended FY21 strong but remains wary of the months to come. 

5. Sime Darby Bhd is collaborating with Porsche AG to assemble the latter’s sports cars for the Malaysian market. 
 

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