CORPORATE

Sunway Pyramid Records an Increase of Traffic Arrival In 2017

 |  Monday, 05 March 2018 15:59  |  Published in CORPORATE

Despite weak consumer sentiment, disruption in e-commerce and the opening of more new malls in Klang Valley, Sunway Pyramid registered a growth of 5 per cent year-on-year (Y-O-Y) in car count, its highest traffic arrival in its 20 years of operation in 2017.

The mall has approximately 10,000 parking bays integrated with Sunway Resort Hotel and Spa, Sunway Pinnacle and other Sunway business units nearby.

Petronas Strong Performance in Fy17

 |  Monday, 05 March 2018 15:55  |  Published in CORPORATE

Petroliam Nasional Bhd (Petronas) saw its net profit jumped for its financial year ended December 31, 2017 by 91 per cent at RM45.5 billion, compared to RM23.8 billion recorded in 2016. 

The increase was achieved on the back of higher revenue, lower net impairment on assets and well costs and continuous efforts to optimise costs in 2017. 

Scomi Group recorded a revenue of RM184.1 million for third quarter 

 |  Thursday, 01 March 2018 10:45  |  Published in CORPORATE

Scomi Group Bhd posted a revenue of RM184.1 million for the quarter ended 30 December 2017 (Q3 FY2018). This represents an increase of 4.6 % compared to the preceding quarter’s number of RM176.0 million. Its Oilfields and Marine divisions both recorded improved revenue from the previous quarter. 

The Oilfields unit recorded a revenue of RM139.0 million due to increased drilling activities in Russia and Malaysia against RM124.5 million in the previous quarter. 


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