Audit Report | FamaCorp urged to review strategy to raise - TopicsExpress

Audit Report | FamaCorp urged to review strategy to raise revenue Fama Corporation Bhd (FamaCorp), which posted cumulative losses of RM12.95 million last year, needs to formulate strategies to raise its revenue and profits, the Auditor General’s Report 2013 revealed today. FamaCorp, a subsidiary of the Federal Agricultural Marketing Authority (Fama), posted after-tax losses over the 2009-2013 period due to the high cost of goods sold in relation to revenues, the Auditor-General’s Report 2013 series 2 issued by the National Audit Department today said. Full story: malaysiakini/news/265861

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