CEO Syed Feizal said the local sugar industry remained resilient.
KUALA LUMPUR: After eight consecutive quarters of losses, MSM Malaysia Bhd continues to rein in the deficit and strive towards a return to profitability amid elevated production costs.
In the third quarter ended Sept 30, 2023 (3Q23), the sugar producer narrowed its net loss to RM36.06mil from a net loss of RM72.8mil in the same quarter a year earlier.
