Slow-moving vaccines in FY22 pushes Pharmaniaga to PN17 status


KUALA LUMPUR (Feb 28): Pharmaniaga Bhd has posted a net loss of RM607.32 million for the financial year ended Dec 31, 2022 (FY22) against a net profit of RM172.15 million in the previous year, with a RM552 million provision for “slow-moving stocks of Covid-19 vaccines” pushing the company under the financially troubled PN17 category. Revenue [...]

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