PETALING JAYA: Sapura Energy Bhd sank into the red in the financial year ended Jan 31,2020 (FY20), posting a net loss of RM4.56bil due to a RM3.3bil provision for impairment.
The global integrated oil and gas services and solutions provider’s net loss for FY20 was in contrast with the net profit of RM207.55mil it had recorded for the previous financial year ended Jan 31,2019.
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