Sapura Energy posts three-fold increase in Ebitda

Group chief executive officer Datuk Mohd Anuar Taib )pic) said the pandemic has not hampered Sapura Energy’s focus on achieving operational excellence and delivering its promises to its clients.

PETALING JAYA: Sapura Energy Bhd has sustained its upward momentum with an earnings before interest, tax, depreciation and amortisation (Ebitda) of RM157mil for its first quarter ended April 30, 2021.

This was a three-fold increase quarter-on-quarter (q-o-q) from RM50mil, on the back of improvements in operational efficiencies and continued realisation of cost optimisation initiatives.