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Power Root posts sevenfold rise in 1Q net profit, pays three sen dividend - Vimarsana News

Power Root posts sevenfold rise in 1Q net profit, pays three sen dividend

Power Root Bhd’s net profit jumped by more than seven times to RM15.26 million in the first quarter ended June 30, 2022 (1QFY23) from RM2 million a year ago, lifted by favourable product sales mix. Earnings per share rose to 3.7 sen from 0.5 sen. The better profit was also lifted by a gain on foreign exchange of RM744,000 compared with RM214,000 previously, said the beverage maker in a filing with Bursa Malaysia.

KLCI remains negative at midday as investors hold back - Vimarsana News

KLCI remains negative at midday as investors hold back

KUALA LUMPUR: Bursa Malaysia remained in the negative territory at midday amid a broad-based sell-off after the steep decline on Wall Street overnight.

Short-selling in Power Root shares suspended after falling 15.98% to low of RM1.42 - Vimarsana News

Short-selling in Power Root shares suspended after falling 15.98% to low of RM1.42

KUALA LUMPUR: Short-selling of shares in Power Root Bhd has been suspended by Bursa Securities after its share price plunged as much as 27 sen or 15.98% to RM1.42 a share in intra-morning trade.

CGS-CIMB sees gradual increase in prices for consumer staples in H2 2022 due to Ukraine war | Money - Vimarsana News

CGS-CIMB sees gradual increase in prices for consumer staples in H2 2022 due to Ukraine war | Money

KUALA LUMPUR, March 11 — Further increase in selling prices of consumer staples due to Russia-Ukraine war will likely be gradual and only happen in the second half of 2022 forecast to ensure products remain affordable, CGS-CIMB Securities Sdn Bhd said. It said among the consumer staple names,...

New beauty drink is a 'royal marriage' - Vimarsana News

New beauty drink is a 'royal marriage'

THERE’S a new beverage that mixes the best elements of fruit and herb from two leading East Asian countries.