KUALA LUMPUR: Oriental Holdings Bhd posted a net loss of RM81.77mil in its first quarter ended March 31,2020 (Q1) compared with a net profit of RM93.17mil in the same period in 2019.
Revenue declined 31.2% to RM956.39mil from RM1.39bil previously due to a decline in contribution from the automotive segment by RM409.5mil amidst lower sales by the retail operations in Malaysia.
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