Tag: Revenue

Inland Revenue Department alerts public to fraudulent emails ************************************************************      The Inland Revenue Department today (March 7) alerted members of the public to fraudulent emails purportedly issued by the department, which invite recipients to claim tax refunds. Each email provides a hyperlink to a website which seeks to obtain the recipient’s personal particulars and credit card information.      The department has no connection with the fraudulent emails and will report the case to the Police for further investigation. Members of the public are reminded not to open any suspicious email.

LEON FUAT BERHAD, a manufacturer and trader of steel products specialising in rolled long and flat steel, today announced that the Group reported a 15.6% increase in revenue to RM1.03 billion for the financial year ended 31 December 2022 (FY2022) compared with RM886.58 million recorded for the preceding financial year (FY2021). Calvin Ooi Shang How, Executive Director of Leon Fuat For the financial year under review, the Group reported a profit before tax (PBT) of RM36.92 million, a 78.6% decrease compared with RM172.85 million for the FY2021. For the FY2022, the Group registered profit after tax (PAT) of RM29.54 million, ... Read more

AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2022 (the “reporting period” or “nine months of FY2022/23”) During the reporting period, the Group’s revenue rose by 15.2% to HK$887.4 million and operating profit recorded a 17.0% increase to HK$380.7 million. Meanwhile, profit after tax was up by 2.9% to HK$250.3 million, with earnings per share increasing to 59.77 HK cents for the reporting period (nine months of FY2021/22: 58.09 HK cents). Both overseas and local consumer spending showed a progressive recovery in the ... Read more

Minetech Resources Bhd, a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 43.2% rise in revenue for the first quarter ended 30 June 2022 (1Q FY2023) to RM24.05 million compared with RM16.80 million in the corresponding quarter of the last financial year (1Q FY2022). Matt Chin, Executive Director of Minetech For the quarter under review, the Company recorded a loss before tax (LBT) of RM1.66 million compared with LBT of RM4.35 million in 1Q FY2022. On a segmental basis, Minetech’s civil engineering division posted revenue contribution of RM13.7 million for 1Q FY2023, a gain ... Read more

LegCo to consider Revenue (Tax Concessions) Bill 2022 ***************************************************** The following is issued on behalf of the Legislative Council Secretariat:      The Legislative Council (LegCo) will conduct a remote meeting by videoconferencing on Wednesday (April 6) at 11am. During the meeting, the Second Reading debate on the Revenue (Tax Concessions) Bill 2022 will resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the ... Read more