KUALA LUMPUR: Sapura Energy Bhd sank into the red in the financial year ended Jan 31,2020 posting net losses of RM4.56bil due to a RM3.3bil provision for impairment.
The global integrated oil and gas services and solutions provider announced on Wednesday the net losses for FY20 was in contrast with a net profit of RM207.55mil in FY ended Jan 31,2019.
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