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Shell Refining Malaya plunges to RM200m Q3 loss

Published Thu, Nov 13, 2014 · 09:50 PM

Kuala Lumpur

STOCKHOLDING losses of nearly RM154 million (S$59.6 million) on the back of slumping oil prices have pushed Shell Refining Company (Federation of Malaya) Bhd to a loss after tax of RM200 million for the third quarter to end-September from a RM43 million profit a year ago.

Year to date, its losses widened to RM272 million (on stock…

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