Chong: Protasco is currently on a steady path to recovery and we are working hard to return to full profitability.
COULD construction and property player Protasco Bhd
be a stock worth watching now that its boardroom tussle and one-off impairments have come to a close?
The company seems to have kitchen-sinked all of its skeletons in the fourth quarter of 2018, when it took a RM41.6mil hit to its bottom line on the back of cost overruns, provisions, impairments and retrenchment costs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
