KUALA LUMPUR: DRB-Hicom Bhd
cut its net loss by 27% year-on-year to RM101.35mil for its first financial quarter (Q1) ended June 30, thanks to lower losses by subsidiary Proton Holdings Bhd and a higher profit contribution from Pos Malaysia Bhd.
However, loss attributable to DRB-Hicom’s owners was little changed – from RM169.3mil a year earlier to RM169.71mil in the quarter under review.
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