MSM Malaysia Slashes Net Loss by Half in 3Q
MSM Malaysia Slashes Net Loss by Half in 3Q
MSM Malaysia Holdings Bhd reported a reduced net loss of RM36.06 million for the third quarter ending Sept 30, 2023 (3Q23) compared to 3Q22 of RM73 million. This improvement was attributed to enhanced margin resulting from a higher average selling price, reduced freight costs, and improved capacity utilisation.
MSM Malaysia Holdings Bhd報告稱，截至2023年9月30日的第三季度（23年第三季度）的淨虧損減少了3,606萬令吉，而22年第三季度的淨虧損爲7,300萬令吉。這種改善歸因於平均銷售價格的提高、運費成本的降低和產能利用率的提高所帶來的利潤率的提高。
The 50% decrease in net loss contrasts with 3Q22's figure of RM72.8 million. The sugar refiner is majority- owned by FGV Holdings Bhd. Koperasi Permodalan Felda Malaysia Bhd holds a 15.3% stake in MSM, making it the second-largest shareholder, followed by Amanahraya Trustees Bhd with a 7.5% ownership.
淨虧損減少了50％，與22年第三季度的7,280萬令吉形成鮮明對比。這家糖精煉廠由FGV Holdings Bhd持有多數股權。Koperasi Permodalan Felda Malaysia Bhd持有MSM15.3％的股份，使其成爲第二大股東，其次是擁有7.5％所有權的Amanahraya Trustites Bhd。
In 3Q23, MSM's revenue surged by 21% to RM806.72 million, up from RM668.13 million in the same period last year.
在23年第三季度，MSM的收入從去年同期的6.6813億令吉激增了21％，至8.0672億令吉。
However, the quarterly net loss widened from 2Q23, reaching RM20.82 million or 2.96 sen per share.
但是，季度淨虧損較23年第二季度有所擴大，達到2082萬令吉，合每股虧損296仙。
This was influenced by higher raw sugar and freight costs, as well as a weaker ringgit. Despite an 8.1% increase in revenue from RM746.23 million, reflecting higher overall sales volume and average selling prices.
這受到原糖和運費上漲以及令吉疲軟的影響。儘管收入較7.4623億令吉增長了8.1％，這反映了整體銷售量和平均銷售價格的增加。
For the cumulative nine-month period (9M23), MSM's net loss decreased by 31% to RM92.76 million from RM134.55 million in the previous corresponding period.
在累計九個月期間（9M23）中，MSM的淨虧損從上一同期的1.3455億令吉下降了31％，至9,276萬令吉。
Meanwhile, revenue grew by 13% to RM2.14 billion from RM1.89 billion.
同時，收入從18.9億令吉增長13％至21.4億令吉。
MSM highlighted challenges in the sugar industry, facing persistent high input costs due to rising raw sugar, freight and natural gas costs, along with a weakening ringgit. The company urged government intervention to address these issues, noting the need for price adjustments or subsidies to ensure industry sustainability.
MSM強調了糖業面臨的挑戰，由於原糖、運費和天然氣成本上漲以及令吉疲軟，糖業面臨持續的高投入成本。該公司敦促政府進行干預以解決這些問題，並指出需要調整價格或提供補貼以確保行業的可持續性。
MSM CEO Syed Feizal Syed Mohammad stated, "The ceiling price set by the government has remained unchanged and without subsidy over the last 10 years. Malaysia's sugar- controlled price is the cheapest in the region and the world, representing an anomaly in economics."
MSM首席執行官賽義德·費扎爾·賽義德·穆罕默德表示：“在過去的10年中，政府設定的上限價格一直保持不變，沒有補貼。馬來西亞的糖業控制價格是該地區乃至世界上最便宜的，這在經濟上是一種反常現象。”
He called for government support to normalise sugar prices, citing examples of neighbouring countries like Indonesia and Thailand.
他以印度尼西亞和泰國等鄰國的例子呼籲政府支持糖價正常化。
Syed Feizal assured uninterrupted sugar supply and expressed the company's commitment to returning to profitability, providing returns to shareholders, fulfilling corporate responsibilities, and contributing positively to the economy.
賽義德·費扎爾確保糖供應不間斷，並表示公司承諾恢復盈利，爲股東提供回報，履行企業責任，爲經濟做出積極貢獻。
譯文內容由第三人軟體翻譯。