Corporate digest
KrisEnergy
KrisEnergy shaved its 2017 net loss to US$139.2 million from US$237.1 million a year ago. Revenue was almost flat at US$140.7 million as average realised oil prices rose almost 60 per cent, offsetting a 21 per cent drop in working interest production.
Vard Holdings
Vard Holdings' net loss for the fourth quarter widened to 131 million Norwegian kronor (S$22.1 million) from 67 million kronor a year ago. year. For the three months ended Dec 31, revenue rose 25.3 per cent to 2.69 billion kronor. Full-year revenue rose 9 per cent to 8.6 billion kronor. But net loss widened to 233 million kronor from …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
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 6% increase in Q1 insurance revenue driven by business growth
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Apac Realty enters the Philippines with franchise agreement