MSM posts narrower net loss in second quarter


Group CEO Datuk Khairil Anuar Aziz said MSM’s domestic sales volume decreased due to the limited operation hour and temporary closure of its clients’ businesses during the movement control order (MCO).

PETALING JAYA: MSM Malaysia Holdings Bhd posted a narrower net loss of RM21.55mil for the second quarter ended June 30,2020, as compared to RM67.33mil in the same quarter last year.

The refined sugar producer attributed the improvement to higher margin and lower finance cost.

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MSM , loss , Khairil Anuar Aziz , sales , MCO ,

   

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