MFM dips 5% on Q2 net loss


KUALA LUMPUR: Shares of Malayan Flour Mills Bhd (MFM) were losing around 5% in early trade Thursday after the group reported a net loss in its second quarter, compared to prior year’s profit, despite increased revenues.

The counter fell 4.92%, or three sen to 58 sen with 3.97 million shares traded. MFM-LA shed 9.77%, or 13 sen to RM1.20 while MFM-WC lost 6.67% to 28 sen.

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MFM , poultry , flour

   

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