Malaysian Bulk Carriers (Maybulk) has seen an improvement in its fiscal performance, but still ended the financial year with a loss making fourth quarter.
The Robert Kuok-listed dry bulk vehicle lost MYR 73.2m ($18.7m) in the last three months of 2017 against the losses of MYR 396m seen a year ago.
The improvement was attributed to a combination of the write-back of vessel impairments, improved charter rates in the dry bulk sector.
