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The FBM KLCI closed lower yesterday as profit-taking tracked losses across key Asian markets, while an uncertain US-Iran ceasefire kept investor sentiment cautious.
KUALA LUMPUR: Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
KUALA LUMPUR: Bursa Malaysia ditutup tinggi hari ini, seiring prestasi positif pasaran serantau serta disokong oleh penyenaraian kukuh Sunway Healthcare Bhd.
PETALING JAYA: Apollo Food Holdings Bhd reported steady growth in its third quarter of financial year 2026 (3QFY26), driven by higher domestic volumes following its strategic distribution realignment of its chocolate confectionery products and layer cakes.
ON paper, Apollo Food Holdings Bhd’s (KL:APOLLO) latest financials may give cause for concern. Net profit for the first half of FY2026 had tumbled by nearly a third, revenue is down and inventories are at a five-year high while receivables hit a record.
Yet, the company declared a gener...
Apollo Food Holdings Bhd is optimistic its strategic direction is progressing on the right track, noting that with the groundwork for its domestic Route-to-Market transition largely completed, the group is moving past the anticipated transitional impact on sales and is now observing signs of stabilisation.