KUALA LUMPUR, Aug 13 — Gas Malaysia Bhd’s net profit fell to RM44.62 million for the second quarter ended June 30, 2020 from RM49 million in Q2 2019.
In a filing with Bursa Malaysia, the group said the Covid-19 pandemic posed challenges for all industries, including its customers. “As a result, some of the group’s customers have been operating on a reduced capacity, thereby affecting the volume of gas consumed,” it said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tencent tries to soothe US ban concerns as Q2 net profit jumps 37%HONG KONG: China's Tencent said today it did not believe a US move to ban transactions on its international messaging to payments WeChat app would app...
Source: theSundaily - 🏆 25. / 51 Read more »
GDP set to contract by up to 17% in Q2 | The Malaysian InsightShutdown during MCO to contain Covid-19 hits all sectors from manufacturing to services, while private consumption also slows.
Source: msianinsight - 🏆 8. / 63 Read more »
Private sector’s jobs decrease to 8.4 million in Q2This is due to businesses still being subjected to a strict standard operating procedure, says DOSM statistician.
Source: malaysiakini - 🏆 20. / 51 Read more »
Jihadists seize key port in gas-rich northern Mozambique | Malay MailMAPUTO, Aug 13 — Islamist militants occupied a key port in gas-rich northern Mozambique yesterday following days of attacks claimed by an Islamic State-affiliated group, a military source and local media said. “The port of Mocimboa da Praia was captured by the terrorists at dawn,” the...
Source: malaymail - 🏆 1. / 86 Read more »
Malaysia’s Covid-19 hit private sector had 236,000 fewer jobs in Q2 2020, latest official data shows | Malay MailKUALA LUMPUR, Aug 13 — Total year-on-year jobs in the private sector plunged by nearly a quarter of a million in the second quarter of 2020, the latest Department of Statistics Malaysia’s (DOSM) data showed, as Covid-19 wrought havoc on the economy and forced businesses to cut spending. The...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia ends broadly lower on profit-taking | Malay MailKUALA LUMPUR, Aug 11 — Bursa Malaysia extended yesterday’s losses to end broadly lower today on profit-taking, with selling pressure in glove-maker stocks continued to weigh on the barometer index. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 8.10 points or 0.52 per cent...
Source: malaymail - 🏆 1. / 86 Read more »