Author: julianetrumble0

Leon Fuat Berhad (Leon Fuat), a manufacturer and trader of steel products, specialising in rolled long and flat products, is pleased to announce today that the Group recorded a 470.4% gain in profit after tax (PAT) to RM38.66 million for the third quarter ended 30 September 2021 (Q3FY2021) compared with RM6.78 million in the corresponding quarter of the preceding year (Q3FY2020). Calvin Ooi Shang How, Executive Director of Leon Fuat For the quarter under review, the Company registered a 44.1% increase in revenue to RM236.11 million compared with RM163.82 million in Q3FY2020 while profit before tax (PBT) recorded a 447.0% ... Read more

The retail industry’s already challenging situation was made considerably more problematic by the coronavirus outbreak. The negative impacts of COVID-19 drastically affected the retail business, with some companies trying to boost their e-commerce operations and others electing to close their doors. Despite significant transformations and significant challenges, some firms have profited as a result of the changes and are in the process of charting a new future for retail. FinancialCentre Broker reports 3 retail stocks that can benefit from firms like Amazon (NASDAQ: AMZN), BJ’s Wholesale (NYSE: BJ), and Alibaba Holdings Limited (NASDAQ: BABA) as they emerge from and move ... Read more