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NewsHubline suffers RM82m loss for Q4
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Hubline suffers RM82m loss for Q4
by hlk Wed 30 Nov 2011, 19:43
Hubline Bhd posted a pre-tax loss of RM82.223 million for the fourth quarter ended Sept 30, 2011 compared to a RM4.158 million pre-tax profit, recorded in the same quarter last year.
In a filing to Bursa Malaysia today, the company said it recorded lower revenue of RM112.251 million from RM150.364 million previously.
It said the weaker results were mainly due to the loss on sale of property, plant and equipment of RM12.3 million and provision for impairment of property, plant and equipment of RM70.5 million.
--Bernama
In a filing to Bursa Malaysia today, the company said it recorded lower revenue of RM112.251 million from RM150.364 million previously.
It said the weaker results were mainly due to the loss on sale of property, plant and equipment of RM12.3 million and provision for impairment of property, plant and equipment of RM70.5 million.
--Bernama
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