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BERJAYA SEES REDUCED PRE-TAX LOSS.
(From Bernama The Malaysian National News Agency)
KUALA LUMPUR, July 25 (Bernama) -- Berjaya Group Bhd has posted a lower pre-tax loss of RM265.518 million for the year ended April 30, 2002 compared with a pre-tax loss of RM321.533 million in the previous year.
In a filing to the Kuala Lumpur Stock Exchange today, Berjaya reported that its pre-tax loss was reduced by 17 percent from last year.
However, for the individual fourth quarter, Berjaya's pre-tax loss stood at RM270.426 million, up from RM227.665 million in the previous corresponding quarter -- an increase of 18.8 percent.
Berjaya attributed its pre-tax loss to a lower margin of …
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