Serba Dinamik net loss widens to RM1.3bil

KUALA LUMPUR: Serba Dinamik Holdings Bhd reported a net loss of RM1.3 billion for the financial period ended June 30, 2023, compared to RM1.09 billion a year ago, due to corporate expenses and elimination of intergroup transactions.

Revenue declined to RM403.23 million versus RM1.35 billion a year ago, while loss per share weakened further to 34.88 sen from 29.34 sen.