Losses by overseas firm pull down Texchem earnings


Texchem Resources Bhd dipped into the red in the second quarter ended June 30, incurring a net loss of RM267,000 against a net profit of RM1.9mil in the corresponding quarter last year, despite a 20% rise in revenue to RM201.14mil. 

The group's loss per share came at 0.24 sen for the quarter, against an earnings per share of 1.74 sen before.  

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