KUALA LUMPUR: TALAM CORPORATION BHD [] shares were actively traded on Monday, June 290 after high administrative and finance costs dented the company's first quarter earnings.
At 9.20am, Talam fell half a sen to 7 sen with 10.2 million shares done.
Talam posted net loss of RM25.97 million in the first quarter ended April 30, 2011 compared with net profit of RM1.56 million a year ago as it was impacted by the high administrative and finance costs totaling RM32.49 million.
Talam said administrative and other expenses totalled RM14.94 million while finance costs were RM17.55 million
At 9.20am, Talam fell half a sen to 7 sen with 10.2 million shares done.
Talam posted net loss of RM25.97 million in the first quarter ended April 30, 2011 compared with net profit of RM1.56 million a year ago as it was impacted by the high administrative and finance costs totaling RM32.49 million.
Talam said administrative and other expenses totalled RM14.94 million while finance costs were RM17.55 million
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