Sumatec posts RM2.7mil net loss in FY18


Sumatec manages and operates oil production operations at the Rakushechnoye oil and gas field in Kazakhstan

PETALING JAYA: Sumatec Resources Bhd has posted net losses of RM2.74mil in its financial year ended Dec 31, 2018 (FY18) and RM826,000 in the final quarter.

The company announced that its revenue was RM2.98mil in FY18, while there was no revenue in the fourth quarter.

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Sumatec , oil , gas , Kazakhstan , loss , revenue ,

   

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