Malakoff posts RM99mil net loss for 1Q23


Tanjung Bin Energy Power Plant

KUALA LUMPUR: Malakoff Corp Bhd expects challenges to the overall performance for the financial year ending Dec 31, 2023 (FY23) given the declining trend in the global coal prices which is estimated to continue in the medium term of 2023.

Nonetheless, independent power producer said it would continue to to optimise its plants operational efficiencies to cushion the adverse impact.

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Malakoff , Tanjung Bin , renewable energy , solar

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