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Ezion goes into the red with Q1 loss of US$12.7 million

Published Fri, May 12, 2017 · 09:50 PM

Swissco

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.

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