PETALING JAYA: Pharmaniaga Bhd
saw its net losses shrinking in the fourth quarter of its financial year 2020 ended Dec 31 to RM6.33mil from RM178.60mil in the same quarter a year ago.
Revenue for the quarter came in lower at RM634.58mil from RM715.68mil a year ago.
“The year 2020 has been challenging as the Covid-19 pandemic impacted all industries in general including us, which resulted in lower demands from government hospitals and clinics. The situation is similar for our Indonesian operations, ” group managing director Datuk Zulkarnain Md Eusope (pic below) said in a statement.
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