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    Malaysia Regional


    30 Jun 2016

    Gamuda (GAM MK) / VS Industry (VSI MK)

    - Gamuda reported 3QFY16 net profit of RM153m, lifting 9MFY16 net profit to RM474m, with outstanding construction orderbook is at an all-time high of RM8.2b, while property sales came in at RM190m for the quarter. ... News

    - VS Industry’s (VSI) 3QFY16 core net profit of RM16.3m (-38.5% yoy) were below expectation due to higher-than-expected forex loss of RM5.8m on a weaker US$/RM. ... News


    29 Jun 2016

    EcoWorld Development (ECW MK) / SapuraKencana (SAKP MK)

    - Eco World Development (Eco World) reported 2QFY16 net profit of RM34.7m (+42.9% qoq, +193.7% yoy) on revenue of RM614.6m ... News

    - SapuraKencana’s (SAKP) core profit came in at RM147m where segmental performance has largely met expectations: a) energy division barely broke even at realised oil price of US$39/bbl and lower volumes b) 6 rigs were idle in 1QFY17 vs 5 rigs in the preceding quarter; and c) there was lower engineering and construction (E&C) activity due to the monsoon season and project scope of works. ... News


    28 Jun 2016

    Plantation – Malaysia

    - FFB production from Sarawak is relatively better than that in other states in Malaysia. ... News

    - SOP’s estates in Miri and still see cracks in the ground due to dry weather ... News

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