PETALING JAYA: Sapura Energy Bhd (SEB) turned in two consecutive quarters of profit but analysts have mixed views as most are cautious on whether the momentum can be maintained given the industry’s challenges.
AllianceDBS Research expects the company to be in the red from financial year 2021 (FY21) to FY22 with losses from its drilling and energy divisions offsetting improvements from its engineering and construction (E&C) division.
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