Sealink significantly cuts group net loss
KUCHING: Miri-based Sealink International Bhd has significantly cut its group net loss to about RM1.1 million in Q22022 from RM7.5 million in Q22021 as revenue rose to RM16.1 million from RM9.99 million previously. Losses per share were reduced to 0.21sen from 1.5sen. Sealink attributed the 61 per cent increase in group turnover in the current […]
Kim Hin Q2 net loss higher
KUCHING: Ceramic tiles manufacturing Kim Hin Industry Bhd group net loss has deepened to about RM15.6 million in second quarter to June 30, 2022 (Q22022) from RM8.8 million in Q22021 due to increased production costs and lower sales. Group revenue fell to RM80.9 million from RM83.9 million previously. The company’s losses per share widened to […]
Sealink net loss widens to RM65.8m on impairment
KUCHING: Sealink International Bhd has lost more money as its group net loss widened to RM65.8 million in financial year ended Dec 31, 2021 (FY2021) from RM40.8 million in FY2020 due to impairment on aged vessels and inventories as well as trade receivables. Year-on-year, group revenue dipped to RM37.8 million from RM49.9 million in FY2020. […]
Strong palm oil prices cut Rimbunan Sawit net loss
KUCHING: Rimbunan Sawit Bhd has narrowed its group net loss to RM7.11 million in financial year ended Dec 31, 2021 (FY2021) from RM44.1 million in FY2020, thanks to the buoyant oil palm prices, despite drop in production and sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernel (PK). Year-on-year, group […]
MAHB slips into red with RM20.37 mln net loss in Q1
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) incurred a net loss of RM20.37 million in the first quarter (Q1) ended March 31, 2020 against a net profit of RM149.58 million in the corresponding quarter a year ago. Revenue eased to RM933.83 million from RM1.25 billion previously, in tandem with the contraction in passenger movements of […]
