KUALA LUMPUR: SILK Holdings Bhd posted net losses of RM19.09mil in the fourth quarter ended July 31, 2014, which was almost at the same level of RM20.76mil a year ago, weighed down by a decline in its investment holdings.
It said on Tuesday its revenue was up 2.5% to RM74.38mil compared with RM72.56mil a year ago. Profit before tax increased to RM12.40mil from RM8.2mil due to improved vessel utilisation and charter rates.
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