Ezion expects Q4 and FY18 net loss
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Vivienne Tay
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Singapore
OFFSHORE and marine company Ezion Holdings expects to post a net loss for the fourth-quarter and full-year of 2018 amid uncertainty on whether its joint ventures can repay shareholder loans. The liftboat company is also expecting a "significant decrease" in net asset value due to a review in the fair value of its vessels.
Ezion Holdings shares closed at S$0.05 on Monday, down 0.2 cent.
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