KUALA LUMPUR: Construction and engineering firm Mudajaya Group Bhd
took a big hit in the fourth quarter ended Dec 31 on rising share of losses in an independent power producer (IPP) in India.
The company posted a net loss of RM235mil in the last quarter. For the full year (FY18), Mudajaya’s losses increased to RM396mil compared with a net loss of RM124mil reported a year earlier.
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