For the retail operations in Malaysia, revenue decreased by 47.6% attributed to the 51% drop in the number of new Honda cars sold due to the delay in launching various new models pending their price approval by the authorities and the implementation of the movement control order (MCO). KUALA LUMPUR: ORIENTAL HOLDINGS BHD posted a net loss of RM81.77mil in its first quarter ended March 31,2020 (Q1) compared with a net profit of RM93.17mil in the same period in 2019. Revenue declined 31.2% to RM956.39mil from RM1.39bil previously due to a decline in contribution from the automotive segment by RM409.5mil amidst lower sales by the retail operations in Malaysia. In a filing with Bursa Malaysia, it said the automotive segment,
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