KLSE (MYR): YTLPOWR (6742)
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Last Price
3.64
Today's Change
-0.07 (1.89%)
Day's Change
3.63 - 3.70
Trading Volume
1,117,400
2024-10-02
2024-09-26
2024-09-26
2024-09-25
2024-09-25
2024-09-24
2024-09-24
Mabel
23,961 posts
Posted by Mabel > 4 weeks ago | Report Abuse
KUALA LUMPUR (Sept 4): Corporate Malaysia's earnings for the second quarter of this year have largely been in line with analysts' expectations, with 58 of the top 100 companies on Bursa Malaysia in terms of market capitalisation either meeting or beating analysts' estimates, while 42 missed consensus estimates.
Overall, these top 100 companies’ aggregate earnings rose 15.9% year-on-year (y-o-y) and 10.5% quarter-on-quarter (q-o-q), with 49 companies registering both y-o-y and q-o-q increases in their latest reported quarterly earnings.
Utilities, oil and gas (O&G) and financial services are the sectors that posted results that largely met or beat earnings consensus in the second quarter of 2024, while telecommunications, technology and construction were the ones that disappointed when compared against their earnings forecasts.