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SO, reporting a net loss is always awful. After all, which shareholder would want to make a shortfall in his investments? But so often, the accounting loss - and for that matter, profit - does not always give an accurate picture of things.
Malaysian Airline System Bhd's (MAS) net losses in the first quarter ended March 31, 2012 were lower at RM171mil compared with the RM242mil a year ago.
SUBANG: The MAS Group registered a loss after tax of RM171mil for the first quarter ended 31 March, a significant 29% reduction from the RM242mil loss for the same period last year.
BROUGHTON, England: AirAsia Group is buying another 100 Airbus planes as it steps up its expansion in the core markets of Malaysia, Thailand and Indonesia and pushes ahead into the new markets of Japan and the Philippines.