IJM Corp, a Malaysian builder, said second-quarter net income dropped 35 per cent to RM74.8 million from RM115.1 million a year earlier.
Profit fell due to foreign exchange losses on dollar-denominated debt in its infrastructure division after booking a currency gain in the same period a year earlier, IJM said in a statement. -- Bloomberg
Profit fell due to foreign exchange losses on dollar-denominated debt in its infrastructure division after booking a currency gain in the same period a year earlier, IJM said in a statement. -- Bloomberg
