KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) recorded revenue of RM1.2bil and loss before tax of RM152.9mil in FY2020 due to the RM175.3mil in impairment provisions relating to completed construction projects impacted by the pandemic.
In a statement on Thursday, MRCB said without these impairments, it would have recorded a profit of RM22.4mil in 2020.
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