May 26 (Bloomberg) -- The following companies may have unusual price changes in Malaysia trading. Stock symbols are in parentheses, and share prices are from the most recent close.
Malaysia’s FTSE Bursa Malaysia KLCI Index fell for an eighth day, sliding 1.9 percent to 1,250.13, the longest losing streak since July 8, 2008.
Aluminium Company of Malaysia Bhd. (ALC MK): The aluminum producer said it had a profit of 1.42 million ringgit in the fourth quarter ended March 31 compared with a loss of 8.5 million ringgit a year earlier after sales gained. Alcom, as the company is known, dropped 5.2 percent to 92 sen.
DRB-Hicom Bhd. (DRB MK): The builder and auto assembler said it had a profit of 259.4 million ringgit ($77 million) in the fourth quarter ended March 31 compared with a loss of 60.7 million ringgit a year earlier. DRB-Hicom fell 2.5 percent to 97 sen.
Kencana Petroleum Bhd. (KEPB MK): The oil and gas services provider was awarded a $15.5 million contract by Mumbai-based Larsen & Toubro Ltd. to construct a so-called jacket for an off- shore platform. Kencana fell 4.5 percent to 1.27 ringgit.
KNM Group Bhd. (KNMG MK): The oil and gas services provider said first-quarter net income fell 59 percent from a year earlier to 40.3 million ringgit after sales declined. KNM lost 4 percent to 48 sen.
Lion Corp. (LION MK): The steel producer and builder said it swung to a profit of 18.5 million ringgit in the third quarter ended March 31 from a loss of 479.9 million ringgit a year earlier after sales advanced. Lion fell 7 percent to 26.5 sen.
Malaysian Pacific Industries Bhd. (MPI MK): The country’s biggest listed semiconductor company reported a third-quarter profit of 27.1 million ringgit, compared to a 53.8 million loss in the same period a year ago as sales climbed. The stock dropped 3.2 percent to 6 ringgit.
MMC Corp. (MMC MK): The Malaysian ports, power and construction group said first-quarter net income rose 9.9 percent from a year earlier to 34.4 million ringgit, helped by higher contributions from transport and logistics, as well as energy and utilities. MMC fell 1.3 percent to 2.23 ringgit.
Petronas Dagangan Bhd. (PETD MK): The retail arm of Malaysia’s state oil company Petroliam Nasional Bhd. said fourth-quarter net income fell 6.5 percent from a year earlier to 161.1 million ringgit because of higher operating expenses.
Petronas Dagangan slid 0.2 percent to 8.95 ringgit.
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