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Ezion widens Q4 loss on increased impairments

It decides to indefinitely postpone four projects committed at high prices

Singapore

OILFIELD services provider Ezion Holdings saw its fourth-quarter net loss widen to US$66.61 million, up 4.9 per cent from a year ago, mainly on increased impairment losses tied to projects committed at high oil prices.

Taking into account an enlarged share capital due to

sentifi.com

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