Ezion goes into the red with Q1 loss of US$12.7 million
Singapore
OFFSHORE and marine group Ezion Holdings slipped into the red for the first quarter, with a US$12.74 million loss after income tax on lower revenue and the absence of one-time asset disposal gain.
This was a reversal from a profit after tax of US$15.49 million for the year-ago period.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
The factors that make South-east Asia’s top conglomerates stand out