PDZ Holdings, the Malaysian containership owner, has slumped to a loss in the second quarter of 2016, but the red ink has been greatly reduced.
The Kuala Lumpur-listed company lost MYR 5.6m ($1.3m) for the three month period against losses of MYR 52.8m seen a year earlier.
However, in the second quarter of 2015 the feeder containership specialist was forced to make impairments of MYR 46.9m.
Revenue
