PETALING JAYA: Berjaya Assets Bhd recorded RM158.78mil in net loss for the first quarter ended Sept 30, 2016, due to lower profits from numbers forecast operator Natural Avenue Sdn Bhd (NASB) as the company made higher prize payouts during the period.
It said profit for the quarter had also been affected by higher impairment on available-for-sales quoted investments and higher finance costs.
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