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BERNAMA THE MALAYSIAN NATIONAL NEWS AGENCY: LION LAND SEES LOWER PRE-TAX LOSS AT RM32 MLN .
KUALA LUMPUR, March 26 (Bernama) -- Lion Land Bhd registered a lower pre-tax loss for the half year ended Dec 31, 1998 at RM32.33 million compared with RM99.47 million in the same period in 1997.
Group turnover, however, decreased to RM492.34 million from RM972.29 million previously, the firm said in announcing its interim results here today.
The smaller loss before taxation during the period was mainly due to lower charges for translation losses, Lion Land said, adding that the economic downturn has affected the performance of its …
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