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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malysia.
Mixed views on Inari’s outlook amid soft results
PETALING JAYA: Inari Amertron Bhd is expected to enter a recovery phase in the financial year ending June 2027 (FY27), with stronger radio-frequency (RF) volumes and rising contributions from silicon photonics and advanced semiconductor packaging providing the main earnings drivers, analysts say.
PetDag’s supply chain, diversified earnings base to bolster resilience
PETALING JAYA: PETRONAS Dagangan Bhd (PetDag) is seen to be supported by resilient domestic fuel demand in the near term, underpinned by affordable RON95, resilient gross domestic product growth and improving tourism activity.
Aquawalk outlook remains under pressure
PETALING JAYA: Apex Research remains cautious on Aquawalk Group Bhd's near-term prospects as persistent softness in international travel demand has yet to show clear signs of stabilisation.
Deleum expects business activity to improve in 2H
PETALING JAYA: Oil and gas (O&G) services provider Deleum Bhd, which saw its first-half (1H26) earnings hit by weaker activity and operatorship transitions, expects business activity to improve in 2H26 as delayed maintenance work starts to pick up.
Argentinian oil in demand as Iran war hits supply
BUENOS AIRES: Asian refiners have increased purchases of Argentinian crude as the Iran war disrupts supply from the Middle East and drives competition for barrels from other regions.
John Ternus to lead Apple into the age of AI
SAN FRANCISCO: John Ternus takes over as Apple's chief executive officer (CEO) effective today, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence (AI).
Robust 2Q keeps corporate growth on track
PETALING JAYA: Malaysian corporate earnings remain broadly on track to deliver 7% to 8% growth forecast for this year, following a generally better-than-expected second-quarter (2Q) results season, although investors may need to be more selective as valuations catch up with earnings.
S. Korea’s SK On signs energy storage battery deal with NeoVolta Power
SEOUL: South Korean battery maker SK On says it has signed a deal to supply US firm NeoVolta Power with nine gigawatt-hours (GWh) of lithium iron phosphate (LFP) battery cells for energy storage system use over five years from 2027.
