Impairment from Bestari Jaya plant decommissioning sees Hartalega closing FY2023 with RM218m net loss

Impairment from Bestari Jaya plant decommissioning sees Hartalega closing FY2023 with RM218m net loss

The Edge Markets - Malaysia·2023-05-09 15:06

KUALA LUMPUR (May 9): Dragged by a RM347 million one-off impairment loss from the decommissioning of its Bestari Jaya production facility, Hartalega Holdings Bhd sank into the red for the financial year ended March 31, 2023 (FY2023) with a net loss of RM218.04 million versus a net profit of RM3.23 billion a year earlier.

……

Read full article on The Edge Markets - Malaysia

SE Asia Business