Mencast Holdings warns of Q3 loss
Published Sun, Oct 30, 2016 · 11:53 PM
OFFSHORE services provider Mencast Holdings on Monday warned of a loss for its third-quarter and nine-month results.
The protracted weakness and uncertainty in the oil and gas industry has significantly affected the businesses of its offshore and engineering segment, it said.
The firm will announce its results for the quarter ended Sept 30 on Nov 4.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly