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.
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