May fire hits Press Metal 2nd quarter earnings

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  • Saturday, 29 Aug 2015

KUCHING: Press Metal Bhd’s earnings were hit by a partial machinery impairment loss of RM32.8mil caused by a recent fire at the company’s aluminium smelting plant in Samalaju Industrial Park, Bintulu.

The fire in May resulted in a temporary halt to the plant’s operations to enable the damaged smelting pots to be repaired and to facilitate a clean-up exercise and restoration works.

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