Notion VTec posts RM25m net losses in FY14


KUALA LUMPUR: Notion VTEC Bhd posted net losses of RM9.52mil in the in the fourth quarter ended Sept 30, 2014 and net losses of RM25.64mil in FY14, which was a stark contrast from a year ago following losses from its investment in mining company Alcyone Resources Ltd.

It said on Tuesday it posted net losses of RM9.52mil in the Q4 FY14 compared with earnings of RM25.64mil a year ago. Its revenue declined 8.1% to RM55.32mil from RM60.18mil.

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