PDZ Holdings has seen its first quarter financial performance decimated by the arrest of two of its feeder containerships.
The Kuala Lumpur-listed company lost MYR 2.6m ($607,700) in the first three months of 2017 against a profit of MYR 777,000 last year.
Revenue at the Malaysian intra-Asian specialist dropped by over 90% year-on-year to just MYR 2.6m ($601,200) versus the MYR 28m seen in 2016.
