SUBSCRIBERS
Ezion still in the red, more impairment losses expected
Add BT as a preferred sourcePublished Thu, Nov 9, 2017 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
LOWER revenue and gross profit pulled liftboat-focused Ezion Holdings into the red for the third consecutive quarter this financial year.
The offshore and marine group also warned of more impairment losses to come for its service rigs and offshore logistics vessels, which face challenges getting employment.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
New CPF life-cycle investment scheme could channel up to S$9 billion a year into Singapore stocks: Citi
Keppel divests i12 Katong mall for S$372 million
COEs: Mainstream car category tops bidding at S$123,010 as demand ‘just too strong’
