SUBSCRIBERS

Magnus Energy's Q4 loss widens to S$16.2m

Vivienne Tay
Published Fri, Aug 30, 2019 · 09:50 PM

Singapore

CATALIST-LISTED Magnus Energy's fourth quarter net loss widened to S$16.2 million from S$13.5 million in the same period last year.

The loss was due to the winding down of its oil and gas equipment distribution segment in South-east Asia and Australia, which was partially offset by one-off gains.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here