<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 27): QL Resources Bhd’s net profit rose 4.4% to RM43.86 million in the first financial quarter ended June 30, 2018 (1QFY19), from RM42.03 million a year ago, on better sales from its integrated livestock farming business.</p></div>

<div class=newsTextDataWrapInner><p>QL Resources attributed the better quarterly earnings to improved margins from feed raw material trade, as well as higher contribution from regional poultry operations.</p></div>

<div class=newsTextDataWrapInner><p>Earnings per share came in higher at 2.7 sen in 1QFY19 compared with 2.59 sen in 1QFY18. Quarterly revenue was also up 4.8% to RM816.18 million versus RM778.47 million in 1QFY18.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>On prospects, QL Resources said management is confident that its performance for the financial year ending March 31, 2019 (FY19) will be better than FY18.</p></div>

<div class=newsTextDataWrapInner><p>QL Resources shares closed unchanged at RM6.18 today, for a market capitalisation of RM10.03 billion. Over the past year, the counter has risen 63% from RM3.79.</p></div>


KUALA LUMPUR (Aug 27): QL Resources Bhd’s net profit rose 4.4% to RM43.86 million in the first financial quarter ended June 30, 2018 (1QFY19), from RM42.03 million a year ago, on better sales from its integrated livestock farming business.

QL Resources attributed the better quarterly ea...

QL Resources 1Q net profit up 4.4% on better sales

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JAKARTA (April 24): Indonesia’s President-elect Prabowo Subianto on Wednesday vowed to fight for all Indonesians and called for unity among political elites to take the country forward, as he seeks to strengthen his parliamentary clout ahead of taking office in October.

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LONDON (April 24): London Stock Exchange Group (LSEG) shareholders will vote on Thursday on whether to potentially double the pay of chief executive officer (CEO) David Schwimmer, after the 300-year old bourse campaigned to raise executive rewards to strengthen UK capital markets.

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<p>Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.&nbsp;</p>


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<p>Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.</p>


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<p>Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.</p>


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<p>Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p>


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<p>Gold’s record-setting rally this year has puzzled market watchers, as bullion has roared higher, despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.</p>


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<p>KUALA LUMPUR (April 24): Dataprep Holdings Bhd said on Wednesday that Tan Sri Muhammad Ikmal Opat Abdullah has ceased to be the substantial shareholder in the IT products and services company.</p>


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<p>Carlsberg Brewery Malaysia Bhd, the locally-listed unit of the Danish brewer, confirmed the price increases for its beer products starting this month.</p>
