Unisem sinks with RM90.78m net loss in Q4 due to impairment losses


KUALA LUMPUR: Unisem (M) Bhd posted net loss of RM90.78mil in the fourth quarter ended Dec 31, 2013, battered by an impairment loss on goodwill of RM66.81mil due to its PT Unisem operations.

It said on Wednesday the losses were bigger than the RM19.50mil losses a year ago. Revenue fell 8.2% to RM247.12mil from RM269.44mil while loss per share was 13.36 sen compared with 2.89 sen.

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