IOI Corp sees net loss of RM188m for 3Q

Astro AWANI 2017-12-06

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IOI Corp posted a net loss of 188 million ringgit in the third quarter ended march from a net profit of 2.18 billion ringgit a year ago.

This was mainly due to a net repayment of 526 million dollars of its US Dollar debt and higher net foreign currency translation loss.

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