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POSH Q2 loss falls by about half to US$9.11m
Published Tue, Aug 1, 2017 · 09:50 PM
Singapore
PACC Offshore Services Holdings (POSH) slashed its net loss by 48 per cent to US$9.11 million for the second quarter, from US$17.53 million a year ago, in a quarter when revenue fell 8 per cent to US$42.43 million.
The narrower loss of the offshore and marine group, of which Robert Kuok is an anchor shareholder, was helped by a few factors, chief of …
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