Shipping firm Hubline incurs group net loss in FY2013

KUCHING: Shipping firm Hubline Bhd incurred a group net loss of RM207.7mil for the financial year ended Sept 30 last year (FY2013), due mainly to hefty impairment provisions and scrapping of old vessels.

The group posted a net profit of RM3.6mil in FY2012.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , hubline , loss


Others Also Read