PETALING JAYA: Sapura Energy Bhd
, which reported a net loss in its first quarter ended April 30, 2025, expects its financials to improve in subsequent quarters.
In a filing with Bursa Malaysia, the oil and gas company said this projection is in line with the progressive recognition of revenue from ongoing projects in the engineering and construction (E&C) division and with certain drilling rigs being on-hire on their new contracts.
