Mieco: further decline in turnover and result

Consolidated turnover of Malaysian Mieco Chipboard Bhd (Kuala Lumpur) in the third quarter of 2021 dropped by 49% vis à vis the comparative period of the preceding year to MYR58.3m (July-Sept 2020: 113.5m). It was also 28% short of the MYR81.2m generated in the previous quarter. According to the company, the decline ...

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