PETALING JAYA: Protasco Bhd
went into the red with a net loss of RM69.18mil for the third quarter to Sept 30, 2014 from a previous net profit of RM13mil. Revenue jumped 27.1% to RM318.99mil.
The net loss was due to an impairment on the purchase consideration due from PT Anglo Slavic Utama and the advance made to PT Anglo Slavic Indonesia totalling US$27mil (RM84.64mil).
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