The autopart distributor said this was in tandem with the 53.7% decline in revenue to RM258.6mil for 2Q20 from RM558mil previously. MBM said this was mainly contributed by the movement control order and reduced customer demand.
PETALING JAYA: MBM Resources Bhd
slid into a RM5.2mil net loss for the second quarter (Q2) ended June 30,2020, from a net profit of RM74mil in 2Q19.
The autopart distributor said this was in tandem with the 53.7% decline in revenue to RM258.6mil for 2Q20 from RM558mil previously. MBM said this was mainly contributed by the movement control order and reduced customer demand.
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