Ezra Holdings Q3 loss balloons to US$243m

Singapore

EZRA Holdings widened its Q3 net loss to US$242.87 million from US$3.01 million a year ago, dragged down by lower revenue and a one-time non-cash loss of the sale of interests in its subsea unit.

Loss from its continuing operations from profit or loss contributions of its two subsidiaries, Emas Offshore Ltd and Triyards, was US$235.06 million compared to US$3.36 million a year ago.