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Pos Malaysia trims 1Q net loss to RM30.37m on effective cost management measures

National postal service Pos Malaysia Bhd saw its net loss for the first quarter ended March 31, 2022 (1QFY22) narrow to RM30.37 million from RM46.78 million a year ago due to effective cost management across the board. Losses per share was trimmed to 3.88 sen from 5.98 sen, according to the national service courier in its filing with Bursa Malaysia.
Kuala Lumpur Movement Control Order Pos Malaysia Bhd Movement Control Mutual Separation Scheme Pos Malaysia

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Masteel stages turnaround with RM32.5mil net profit in FY21

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) made a firm turnaround with net profit of RM32.5mil in the financial year ended Dec 31, 2021 (FY21) from net loss of RM14.7mil a year ago, buoyed by the recovery in selling prices of steel products in local and international markets.
Kuala Lumpur Tai Hean Leng Movement Control Malaysia Steel Works Seri Tai Hean Leng Eastern Europe

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