tags - Sinar Daily

The national oil company recorded an all-time high revenue of RM375.3 billion in FY2022 from RM248.0 billion year-on-year (y-o-y), a jump of 100 per cent mainly due to the favourable price impact for major products aligned with higher benchmark prices.

picture for illustrative purposes only - 123rf

Yesterday, Pharmaniaga reported a net loss of RM607.32 million for the financial year ended Dec 31, 2022 (FY2022) against a net profit of RM172.15 million in the previous year.

The electric utility says despite the 16.5 per cent higher operating profit, earnings were lower due mainly to higher finance cost and tax expenses, including an additional tax in the form of Cukai Makmur totalling RM340.8 million for the year. 

Malaysia's tenth Prime Minister Datuk Seri Anwar Ibrahim. --BERNAMAphoto (2023) RIGHTS RESERVED

Image for illustrative purposes only - Instagram (miyavlikedicikler)

Yesterday, Farm Fresh Bhd announced the proposed acquisition of a 65 per cent stake in The Inside Scoop Sdn Bhd, an ice-cream maker with 37 retail outlets nationwide, via share purchase and subscription for a total of RM83.9 million.

A boy stands in front of a house destroyed by the earthquake on Feb 6 in Aleppo, Syria. (Photo by AFP)

The higher earnings reflect an ongoing recovery in the group's leisure and hospitality businesses, particularly in Malaysia and Singapore, where the pandemic and border restrictions eased last year, Moody's said.

In this file photo taken on September 09, 2022 attendees are reflected in Disney logo during the Walt Disney D23 Expo in Anaheim, California. Photo by Patrick T. Fallon/AFP FILE PIX