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     RESEARCH

    Malaysia Regional

     

    31 May 2016

    QL Resources (QLG MK)/ SKP Resources (SKP MK)


    - QL’s 4QFY16 net profit was within expectation due to the strong performance MPM division continued to cushion the lacklustre POA and ILF divisions. ... News

    - SKP’s 4QFY16 net profit was below expectation due to the under performance slowdown in Jan-Feb 16, attributed to the festive season breaks and possibly softer demand for its products. ... News

     

    30 May 2016

    AMMB Holdings (AMM MK)


    - AMMB Holdings’ (AMMB) 4Q16 net profit of RM280m (-46% yoy, -18% qoq) ... News

    - Earnings were largely underpinned by a net write-back of 18bp and a lower effective tax rate of 9%. ... News

     

    27 May 2016

    AirAsia (AIRA MK)


    - AirAsia posted strong 1Q16 results with operating profit rising 125% yoy. ... News

    - Net profit included a RM464m in forex gains excluding forex and EI, core net profit would have risen 252% yoy. ... News

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