KUALA LUMPUR: Shares in MSM Malaysia Holdings Bhd jumped over 15% in early trade Friday after the company reported smaller losses in the financial year ended Dec 31, 2020 (FY20).
The sugar producer jumped 15.2%, or 13 sen to 98.5 sen with over 47 million shares traded. Year-to-date, the counter has appreciated some 72%.MSM’s net loss for FY20 narrowed to RM71.23mil from RM299.77mil a year earlier, while revenue for the full year rose to RM2.18bil from RM2.01bil a year earlier.
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