Corporate digest

KrisEnergy

KrisEnergy shaved its 2017 net loss to US$139.2 million from US$237.1 million a year ago. Revenue was almost flat at US$140.7 million as average realised oil prices rose almost 60 per cent, offsetting a 21 per cent drop in working interest production.

Vard Holdings

Vard Holdings' net loss for the fourth quarter widened to 131 million Norwegian kronor (S$22.1 million) from 67 million kronor a year ago. year. For the three months ended Dec 31, revenue rose 25.3 per cent to 2.69 billion kronor. Full-year revenue rose 9 per cent to 8.6 billion kronor. But net loss widened to 233 million kronor from …