Home Currency News IOI Corp’s Q3 profit hit by foreign currency translation loss - Malay...

IOI Corp’s Q3 profit hit by foreign currency translation loss – Malay Mail

KUALA LUMPUR, May 27 — IOI Corporation Bhd’s net profit fell to RM100,000 for the third quarter (Q3) ended March 31, 2020, from RM248.5 million in the same period last year due to a large net translation loss on foreign currency-denominated borrowings. However, revenue was higher at RM2.03…

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