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KrisEnergy posts Q1 net loss of US$18m

Published Thu, May 15, 2014 · 10:00 PM

SINGAPORE-LISTED oil and gas firm KrisEnergy has reported a first-quarter net loss of US$18 million, compared with a net loss of US$500,000 a year ago.

The jump was due mainly to a one-off recognition of adjustments and costs from full redemption of its 10.5 per cent US$120 million senior guaranteed secured bonds. This amo…

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