Company

Note

Industry

GAMUDA BERHAD

With the reopening of economic sectors and a relative return to normalcy, the Group’s nine-month earnings surged 47% on the back of higher property and construction earnings as work on all fronts picked up the pace. Property sales rose 23% as local sales doubled whilst overseas sales contributed 53% of total property sales. The Group’s quarterly earnings surged 56% due to stronger overseas property earnings.

Construction

COMINTEL CORPORATION BHD

The increase in Group's revenue and profit before tax was mainly due to Construction segment. The Construction segment is contributed entirely by Total Package Work Sdn Bhd ("TPW"), a wholly-owned subsidiary of the Company. Higher revenue recorded in the current quarter under review
was contributed by Comintel System Technologies Sdn Bhd ("CST"), a wholly-owned subsidiary of the Company,

Construction

MARINE & GENERAL BERHAD

Pandemic-induced restrictions have been gradually lifted which has allowed business to resume. The improved demand for oil products has
benefited the Downstream Division that provides tanker services to transport oil and chemicals, as well as the Upstream Division that provides offshore support services, as oil and gas companies resume their drilling and
exploration activities. Higher contributions from both the Upstream and the Downstream Divisions in line with:
-
better vessel utilization in the current quarter,
-
deployment of all tankers under time charter (“TC”) as compared to three (3)
tankers in the preceding year corresponding quarter.

Energy

SAPURA ENERGY BERHAD

Mainly due to foreign exchange gain arising from appreciation of US Dollar ("USD") against Ringgit Malaysia. Operations and Maintenance - primarily due to higher project activities in the current quarter. Exploration and Production - mainly contributed by impairment charges, offset by higher lifting price in the current quarter.

Energy

POH HUAT RESOURCES HOLDINGS BERHAD

Ramped up production to clear order backlogs following the resumption of production after MCO3.0. Both plants enjoyed labor efficiency and better factory utilization rate from the increased level of production activities. Higher gross profit due to better average selling prices following adjustments in the beginning of 2022 and the use of raw materials stocked in the earlier periods.

Furniture

KYM HOLDINGS BHD

Mainly attributable to higher revenue achieved by Multiwall Industrial Paper Sacks division. The improvement was largely due to higher profits
contribution from the Multiwall Industrial Paper Sacks division as a result of higher sales volume for all products.

Packaging

KIM LOONG RESOURCES BERHAD

Higher average selling prices of FFB and CPO by 56% and 58% respectively. Plantation operations - The higher revenue and profit for the current quarter and the year-to-date as compared to the corresponding period last year were mainly due to higher FFB production and average FFB selling price by 7% and 56% respectively. Palm oil milling operations- The higher revenue from the milling operations for the current quarter and the year-to-date as compared to the corresponding period last year was mainly due to a higher average CPO selling price by 58%.

Palm Oil

CRESCENDO CORPORATION BERHAD

For property development and construction operation, operating profit increased 61% mainly due to a change in sales mix with higher sales from commercial properties with better profit margin. Manufacturing and trading operation profit increased 22% and 66% respectively due to higher
sales demand in concrete products. The reduction of Real Property Gains Tax rate for disposal made by individuals in the 6th year onwards from 5% to 0% are also expected to support a recovery in the property sector.

Real Estate

GLOMAC BERHAD

Group’s profit before tax for the current quarter increased by 173.0% or
RM15.9 million as compared to the immediate preceding quarter, mainly due to better profit margin recorded for the quarter end.

Real Estate