RM16mil forex loss pushes Dufu into the red


PETALING JAYA: Dufu Technology Corp Bhd slipped into losses in the third quarter ended Sept 30, 2024 (3Q24), primarily due to a foreign-exchange (forex) loss of RM16.4mil that offset an increase in revenue.

Dufu, which makes precision machining parts, reported a net loss of RM3.2mil for 3Q24 as compared to a net profit RM3.38mil in the previous corresponding quarter, resulting in a loss per share of 0.6 sen.

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