Jaya Tiasa sinks deeper into the red in Q3


The group

KUALA LUMPUR: Lower crude palm oil (CPO) prices and a drop in timber production dragged Jaya Tiasa Holdings Bhd deeper into the red in the third quarter.

The Sibu-based company said for the three months ended March 31, net loss widened to RM125.3mil compared with RM48.6mil loss made a year ago.

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