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KUALA LUMPUR (Feb 9): Teo Seng Capital Bhd slipped to a net loss of RM2.13 million in the fourth quarter ended December 31, 2020 (4QFY20) from a net profit of RM13.62 million a year ago, due to the depressed selling prices of eggs caused by weak market demand as the pandemic continued to impact the sale of eggs to food and beverage outlets. Quarterly revenue fell 13.1% to RM118.53 million from RM136.39 million, its filing with Bursa Malaysia showed. For the full year ended December 31, 2020, the group’s net profit slumped 92.86% to RM4.2 million from RM58.84 million a year ago, while revenue dropped 12.49% to RM478.28 million from RM546.54 million. ....
Details 17 December 2020 The COVID-19 pandemic this year has sent businesses and society as a whole into a disarray. Like many agencies, Always Marketing Malaysia was looking to keep its business afloat amidst the uncertainty. However, it also wanted to take the time to give back to society and help the less-fortunate communities that are even more negatively affected by the pandemic. Patrick Goh, managing director at Always Marketing Malaysia, wanted to introduce the initiative “‘Extending Hearts, Always”, which if successful would be made a yearly event. With this initiative, he wanted the team to go above and beyond, and be leaders in the market who also care and champion for humanity. ....