Ezion warns of US$1b net loss on huge impairment
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Singapore
BELEAGUERED offshore and marine group Ezion Holdings issued a profit guidance late on Wednesday for the group's financial performance for the fourth quarter and full year ended Dec 31, 2017.
The group is likely to record a net loss of approximately US$1 billion for both Q4 2017 and FY2017, largely due to impairment losses of about US$900 million.
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