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KUALA LUMPUR: Mulpha International Bhd recorded a net loss of RM19.18 million for its second quarter (2Q) ended June 30, 2010, compared to a net profit of RM82.11 million a year ago.
The company said on Thursday, Aug 26 that its revenue for 2Q stood at RM189.42 million, compared to revenue of RM158.12 million posted a year ago.
This loss is in sharp contrast to results in the previous quarter, when it posted a net profit of RM49.15 million.
The company said that the 2Q results were partly affected by its share of non-operating losses which is mainly die to assets impairment, recorded by an Australian associate, FKP Property Group amounting to RM37.52 million.
The company said on Thursday, Aug 26 that its revenue for 2Q stood at RM189.42 million, compared to revenue of RM158.12 million posted a year ago.
This loss is in sharp contrast to results in the previous quarter, when it posted a net profit of RM49.15 million.
The company said that the 2Q results were partly affected by its share of non-operating losses which is mainly die to assets impairment, recorded by an Australian associate, FKP Property Group amounting to RM37.52 million.
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