Intra-Asian line PDZ Holdings has returned to profit in the three months to 30 September after an impairment charge became a gain.

Net earnings were MYR 2.68m ($0.6m), up from a loss of MYR 0.73m a year ago.

Revenue dipped to MYR 20.89m, against MYR 40.09m, however.

It was boosted by a reversal of a financial impairment worth MYR 5m due to a favourable court order, it said.

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