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Ezion goes into the red with Q1 loss of US$12.7 million

Published Fri, May 12, 2017 · 09:50 PM

Singapore

OFFSHORE and marine group Ezion Holdings slipped into the red for the first quarter, with a US$12.74 million loss after income tax on lower revenue and the absence of one-time asset disposal gain.

This was a reversal from a profit after tax of US$15.49 million for the year-ago period.

Loss per share for the quarter ended March 31, 2017, was 0.70 US cent, compared to earnings per share of 0.84 U…

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Companies & Markets

Companies & Markets

Ezion goes into the red with Q1 loss of US$12.7 million

Companies & Markets

US: Wall St opens higher as more earnings roll in

GE Aerospace raises earnings goal on strong engine sales

BRC Asia to buy 19.9% of steel reinforcement company for S$16 million

Lockheed Martin reports higher sales on strong defence demand

UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

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