The manufacturing sector has shown some bright spots, the study shows. – AFPPIX: Business sentiment among Malaysian companies experienced a slight uptick for the fourth quarter of the year despite remaining in the contractionary zone, according to Dun & Bradstreet Malaysia’s Business Optimism Index study.
“However, it is still premature to predict if sentiments will continue to experience an uptrend as the global economy is still reeling from the impact of the Covid-19 pandemic,” she said in a statement. The study showed that the period saw volume of sales inched up from -19.20 pp in Q3’20 to -16.67 pp, net profit increased from -22.4 pp to -20.63 pp, new orders jumped from -12 pp to -1.59 pp and employment levels inched up minimally from -10.4 pp tp -10.32 pp.
For the fourth quarter, D&B noted that the manufacturing and services sectors have seen slight improvements while the construction and wholesale trade sectors are most pessimistic.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VS Industry Q4 earnings drops to RM54.12mPETALING JAYA: VS Industry Bhd’s net profit for its fourth quarter ended July 31, dropped 3.8% to RM54.12 million from RM56.26 million a year ago due ...
Read more »