UPDATE 1-Malaysia's Proton posts third quarterly loss

Newswire

KUALA LUMPUR, Feb 27 (Reuters) - Malaysia's largest carmarker, Proton Holdings Bhd , reported a third straight quarterly loss on Tuesday, underlining the problems that have compelled it to hunt for a foreign partner. State-controlled Proton said its result was hurt by intense competition, rising fuel prices and higher interest rates, adding that higher component costs and pressure on its margins would keep operating conditions tough. The firm reported a third-quarter loss of 281.5 ...

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