|
|
Article: MALAYSIA'S SOUTHERN ACIDS REPORTS HIGHER Q4 GROUP TURNOVER.
- Article from:
- AsiaPulse News
- Article date:
- June 29, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
KUALA LUMPUR, June 29 Asia Pulse - Southern Acids (M) Berhad (KLSE:SOUS) has chalked up group turnover of RM102.86 million (US$27.1 million) for the fourth quarter ended 30 April 2004, up 24.4 per cent from RM82.68 million for the corresponding quarter in the previous financial year.
During the current quarter, it posted a net loss after tax and minority interest of RM0.88 million compared to RM3.92 million profit after tax and minority interests for the same period a year ago, said the company, which markets oleochemical products for commercial use.
It attributed the loss to the write-off of the goodwill on consolidation which arose from PTMAS' ...