MSM posts lower Q3 net loss on higher margin, low operating cost. [Newspaper] (2020)
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Abstract
MSM Malaysia Holdings Bhd has narrowed its net loss to RM71.21 million in the third quarter (Q3) ended September 30, 2020 from a net loss of RM185.1 million in the same quarter last year. In a filing to Bursa Malaysia today, MSM said this was attributable to higher overall margin of 7.21 per cent and lower operating cost. The company's revenue increased 11.8 per cent to RM594.55 million from RM531.69 million previously, due to increased in export sales volume.
| Item Type: | Newspaper |
|---|---|
| Keywords: | MSM Malaysia Holdings Bhd, Sugar refining, Profit & loss, Revenue, Operating cost, New product development |
| Taxonomy: | By Subject > Business & Management > Finance By Subject > Business & Management > Marketing |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Muhammad Azrul Ayob |
| Date Deposited: | 17 Jun 2022 04:12 |
| Last Modified: | 17 Jun 2022 04:12 |
| Related URLs: |
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