KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
GKE Corporation reported a 105.6% year-on-year (y-o-y) jump in net profit to $8.85 million for the full year ended May 31, 2025. Key Financial Highlights: 2HFY2025 earnings: $4.44 million (+84.5% y-o-y) Full-year EPS: 1.15 cents; 2H EPS: 0.58 cents Final dividend: 0.35 cents per share; full-year payout: 0.4 cents Revenue: $126.5 million (+14.4% y-o-y); 2HFY2025: $63.4 million (+15.1% y-o-y) Gross profit: $36.4 million (+12.1% y-o-y) Gross margin: 28.8% (vs. 29.4% in FY2024) Drivers of Growth: Higher income across all segments: container trucking, freight forwarding, marine logistics, warehousing. Strong warehousing occupancy rates and increased sales of ready-mix concrete (RMC) . Initial contribution from new retail and distribution business in telecommunications . Profit Boosters: $1.1 million net gain from disposal of intangible assets. $3.2 million improvement in allowance for expected credit lo...