THE publication of 1Malaysia Development Bhd’s (1MDB) financial results last week for the full year up to March 2014 shed light on a company that is increasingly subject to public scrutiny.
While the numbers were disappointing at first glance, with the company announcing a loss of approximately RM665mil compared with a profit of over RM778mil a year earlier, a deeper examination of the results showed that 1MDB’s performance over the year wasn’t as bleak as the headline figures may have suggested.
