PETALING JAYA: Sapura Energy Bhd saw sequential improvement in its bottom line, with net loss narrowing to RM669mil the third quarter of its financial year ending Jan 31, 2022 (Q3’FY22) from RM1.52bil in Q2’FY22.
In a statement, the energy company said this was primarily due to higher project costs incurred for certain projects and an impairment charge arising from assets held for sale during the current quarter.
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