You are here

Ezion net falls 9% to US$41m in Q1

But shares up, probably on analysts' view that group's outlook is still brighter than that of peers

stmarket150514.jpg
Service rig owner Ezion still appears to have a brighter outlook than its peers in the downbeat offshore support industry even though its first-quarter earnings came in below expectations, analysts said on Wednesday.

Singapore

SERVICE rig owner Ezion still appears to have a brighter outlook than its peers in the downbeat offshore support industry even though its first-quarter earnings came in below expectations, analysts said on Wednesday.

Investors seemed to agree, sending Ezion shares up 1.5

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom