IHH Healthcare sinks into the red for Q3 on unit's forex losses
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Singapore
FOREIGN exchange losses on borrowings of a business unit dragged Malaysia-incorporated IHH Healthcare into the red during the third quarter.
The healthcare group posted a net loss of RM104.1 million (S$34.2 million) for the three months ended Sept 30, reversing from a profit of RM82.1 million for the same period the previous year.
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