Scomi Energy Q4 net loss narrows


The group said in a filing with the stock exchange yesterday that it recorded a net loss of RM170.9mil. This is compared to a net loss of RM175.63mil in the previous corresponding quarter

PETALING JAYA: Scomi Energy Services Bhd’s net loss for the fourth quarter ended June 30 narrowed slightly by 2.7% year-on-year (y-o-y), driven by improved revenue from its drilling and marine services segments.

The group said in a filing with the stock exchange yesterday that it recorded a net loss of RM170.9mil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Scomi Energy Services , loss , narrows , drilling ,

   

Next In Business News

Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St
Rig dearth aggravates Indonesia’s declining oil and gas production
Optimistic growth prospects for Focus Point Holdings
Epsom sees more student enrolment from UK
SC: Planners should give sound financial advice
China’s surging industrial loans aren’t going to its factories

Others Also Read