<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 23): Shares in MBM Resources Bhd (MBMR) fell 4.80% this morning after the company suffered its first loss in the fourth quarter ended Dec 31, 2017, posting a net loss of RM191.74 million compared to a net profit of RM7.57 million a year ago due to impairment charges.</p></div>

<div class=newsTextDataWrapInner><p>At 9.25am, MBMR fell 11 sen to RM2.18 with 181,500 shares done.</p></div>

<div class=newsTextDataWrapInner><p>Quarterly revenue, however, rose by a marginal 1.5% to RM443.77 million from RM437.23 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The poor quarterly performance resulted in the group posting its first net loss of RM148.83 million for the full FY17 compared to a net profit of RM66.07 million the previous year. Revenue, however, increased 3.7% to RM1.73 billion from RM1.67 billion in FY16.</p></div>

<div class=newsTextDataWrapInner><p>MBM declared a second interim dividend of 1.5 sen per share.</p></div>


KUALA LUMPUR (Feb 23): Shares in MBM Resources Bhd (MBMR) fell 4.80% this morning after the company suffered its first loss in the fourth quarter ended Dec 31, 2017, posting a net loss of RM191.74 million compared to a net profit of RM7.57 million a year ago due to impairment charges.

A...

MBM Resources falls 4.80% on 4Q loss 

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The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.

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Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.

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<p>The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.</p>


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<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>
