SapuraKencana Q2 profit up 8.6%


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PETALING JAYA: SapuraKencana Petroleum Bhd’s net profit rose 8.61% to RM445.8mil for the second quarter to July 31 on the back of higher contributions from its offshore construction and subsea services (OCSS) division combined with contributions from Sapura Kencana Energy Inc (SKEI).

On Feb 11, SapuraKencana completed the US$896mil (RM3bil) acquisition of SKEI, formerly known as Newfield Malaysia Holding Inc.

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Business , SapKen , earnings , second quarter

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