MANILA: Khazanah Nasional Bhd (Khazanah) owes the lawmakers and people an explanation about its first pre-tax loss in 13 years in 2018, Tun Dr Mahathi...
Prime Minister Tun Dr Mahathir Mohamad during a press conference on his three-day visit to the Philippines in Manila on March 8, 2019. — Bernama: Khazanah Nasional Bhd owes the lawmakers and people an explanation about its first pre-tax loss in 13 years in 2018, Tun Dr Mahathir Mohamad said.
He said one of the main reasons behind the losses suffered by the company was the unsatisfactory performance of Malaysia Airlines Bhd . Khazanah posted a pre-tax loss of RM6.3 billion for 2018, compared with its pre-tax profit of RM2.9 billion in the preceding year, after recording impairments totalling RM7.3 billion — more than triple the RM2.3 billion seen in 2017.
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