Shipping firm Hubline incurs group net loss in FY2013


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  • Sunday, 02 Feb 2014

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.

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