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Hiap Teck's net profit falls more than half in 3Q

The Star Business LogoThe Star Business1 mo ago

Hiap Teck's net profit falls more than half in 3Q

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KUALA LUMPUR: Hiap Teck Venture Bhd saw its net profit for the third quarter ended April 30 (3Q22) contracted 51% to RM32.21mil from RM65.92mil a year before.

Unique Fire to raise RM21.

It posted a pretax profit of RM41.33mil in 3Q22, down against RM80.16mil last year.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Hiap Teck Steel Coke oven plant Corporate News /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 17:40:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 259 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 19956

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 35 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 24m ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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