Vallianz falls into the red with US$128m net loss
Company blames massive exceptional items of US$133.3m, mainly from impairments of associated company, and plant, property and equipment totalling US$120.9m
Add BT as a preferred source
Singapore
CATALIST-LISTED offshore support vessel (OSV) provider Vallianz Holdings fell deep into the red for the fiscal year ended March 31, with a net loss of US$128.2 million against a profit of US$16.7 million in 2018.
This was due to exceptional items of US$133.3 million, mainly from impairments of an associated company, and plant, property and equipment totalling US$120.9 million.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
After a strong Q2, what’s next for Singapore banks? Analysts see DBS, OCBC ahead on wealth
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
