Kenanga Research said while the outlook is expected to improve from financial year 2020 (FY20) onwards, it has maintained its
KUALA LUMPUR: Sapura Energy Bhd
narrowed its losses in the first quarter ended April 30, as revenue almost doubled on higher contribution from its engineering and construction business.
Net loss during the three-month period was RM109mil compared with a net loss of RM135mil registered in the same quarter last year. Revenue climbed 93% to RM1.6bil, it said in a filing with Bursa Malaysia today.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
