Dialog attributed the second-quarter net loss partly to the challenges encountered by its Malaysian downstream operations.
PETALING JAYA: Dialog Group Bhd
suffered its first quarterly loss since its debut on the Main Market some 25 years ago, following weaker revenue, project cost-overruns and a one-off impairment of investments.
Dialog said the decision to impair investments in petrochemical and renewable projects was part of its “strategic realignment and in response to evolving industry dynamics”, but reassured shareholders that it is optimistic of its positive performance in the financial year ending June 30, 2025 (FY25).
