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For the recent debt waiver, I think Pestec set aside before some money for tax. Now they know the set aside tax money no need to pay the tax (for some reason, maybe court or what not sure), so the money back into company account as money in. That’s why final result become profit.
But in term of pure operation only, they losing money. If I’m wrong somewhere, anyone can correct me.
Not only this..LRT MRT Komuter also got problem even worst than this. Have they investigated cable theft for ECRL..millions RM. But why government is specifically being so hard on this one..like got udang disebalik mi...