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KrisEnergy Q3 loss widens amid drop in oil prices

Fiona Lam
Published Tue, Nov 12, 2019 · 09:50 PM

Singapore

UPSTREAM oil and gas firm KrisEnergy, which is undergoing a financial restructuring, saw its net loss deepen to US$16.7 million for its third quarter ended Sept 30, from a loss of US$11 million a year ago.

Loss per share stood at 1.1 US cents for the quarter, compared with a loss per share of 0.7 cent a year ago.

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