KUALA LUMPUR: Sugar manufacturer MSM Holdings Bhd posted its first quarterly losses since June 2017, on lower sales volume and cheaper average selling prices.
The company posted a net loss of RM10.39mil in the three months ended Dec 31, as revenue dropped 16.4% to RM531mil. This reduced the group’s full year net profit to RM35.6mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
