Felda Global sinks deeper into net loss


PETALING JAYA: Felda Global Ventures Holdings Bhd’s (FGV) net loss widened by 263.5% year-on-year (y-o-y) to RM33.92mil for the third quarter ended Sept 30 despite achieving a 13.8% higher revenue of RM4.51bil.

This translates into a loss per share of 0.9 sen from 0.3 sen previously.

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