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Over 80 federal subsidiary companies reported 2023 losses totalling RM2.8bil

By Ragananthini Vethasalam

PETALING JAYA: A total of 86 federal subsidiary companies recorded losses amounting to RM2.81bil in 2023, according to the latest audit.

Meanwhile, 131 out of 217 audited companies under 59 agencies reported a total profit of RM4.087bil.

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Federal Subsidiary Companies , RM2bil Losses , Auditor-General's Report , Government Agencies , Lembaga Tabung Haji , PR1MA , SWCorp , Government Grants

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