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Impairment charges sink Jasper into a sea of red for Q2

Angela Tan

Published Tue, Nov 4, 2014 · 09:50 PM

Singapore

OIL and gas-related Jasper Investments reported on Tuesday a staggering net loss of US$255.04 million for the fiscal second quarter ended Sept 30, 2014, compared to a net profit of US$1.36 million a year ago. Net loss per share was 6.033 US cents, compared to earnings per share of 0.032 US cent a year ago.

The group was hit by the multiple whammy of not …

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