KUALA LUMPUR: Malaysia’s gross operating surplus (GOS) slumped 6.9% in 2020 compared with 3.7% in 2019 – the lowest since 2009 (-12.6%) – due to lower capacity of production, according to the Department of Statistics Malaysia.
Chief statistician Datuk Seri Mohd Uzir Mahidin said the GOS, which consists of corporate profits earned by firms, constituted 60.1% of the total economy in 2020 compared with 60.4% in the previous year.
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