Maybulk’s second quarter net loss narrows to RM6.94mil


Malaysian Bulk Carriers Bhd (Maybulk) saw its losses narrowing in the second quarter ended June 30 compared to the same quarter a year ago after dumping its loss-making associate company.

PETALING JAYA: Malaysian Bulk Carriers Bhd (Maybulk) saw its losses narrowing in the second quarter ended June 30 compared to the same quarter a year ago after dumping its loss-making associate company.

Net losses narrowed to RM6.94mil from RM151.27mil a year ago. Loss per share in the quarter dropped to 0.69 sen from 15.13 sen previously. Revenue rose 19.58% year-on-year to RM68.75mil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Maybulk , Malaysian Bulk Carrier , loss , revenue , cargo ,

   

Next In Business News

Cypark GCEO Datuk Daud Ahmad resigns
US producer prices increase more than expected in April
China strongly opposes U.S. tariff hikes, pledging measures to defend rights
Heineken keeps its guard up after posting encouraging 1Q24
Ringgit ends higher against greenback for third straight day ahead of US data
PM Anwar says to cut fuel subsidy at the ‘right time’
BCB buys land in Batu Pahat, Johor for RM83.71mil
MBSB appoints Shahnaz Farouque as new GCFO
PM Anwar says no to second casino in Malaysia
Teo Seng sees better productivity for 2024

Others Also Read