Positive outlook: (From left) Lee, Yusli and Wong sharing their insights at the company
PETALING JAYA: Loss-making Mudajaya Group Bhd
expects to start seeing a turnaround in its fortunes by as early as the third quarter of its current financial year ending Dec 31 as it seeks to fix its Indian venture.
The construction and engineering firm took a big hit in the fourth quarter of 2018 on a rising share of losses in an independent power producer in India. However, chairman Datuk Yusli Mohamed Yusoff said the group is close to resolving the situation.
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