PETALING JAYA: TA GLOBAL BHD
(TAG) and TA Enterprise Bhd (TAE) were in the red for the first quarter ended March 31,2020.
The companies, in their Bursa Malaysia announcements, attributed their losses to the uncertain economic environment arising from the Covid-19 pandemic.
TAG, in the latest reported quarter, fell into net losses of RM185.95mil from net profit of RM121.71mil in the same quarter a year ago with revenues falling by 15.5% year-on-year (y-o-y) to RM157.32mil.
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