PETALING JAYA: Sapura Energy Bhd’s net loss for the fourth quarter ended Jan 31, 2018 ballooned to RM2.29bil compared with RM172.32mil in the previous corresponding quarter, due to impairments and lower revenue from the engineering, construction and drilling business segments.
In a filing with Bursa Malaysia, the oil and gas (O&G) service provider said earnings in the fourth quarter were also affected by a lower share of profit from associates and joint ventures (JVs).
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