Tasek remains in the red for third consecutive quarter


CIMB Research said the healthy cement demand, which supported the 20% year-on-year growth in first-half 2014 revenue, could moderate in the second half.

PETALING JAYA: Building material producer Tasek Corp Bhd remains in the red for the third consecutive quarter, after recording a net loss of RM4.65mil in its second quarter to end-June.

In comparison, the company had registered a net profit of RM1.49mil in the previous corresponding quarter.

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