KUALA LUMPUR: Perisai Petroleum Teknologi Bhd returned to the black but with net profit of RM961,000 in the second quarter ended June 30, 2014 albeit sharply lower from the RM24.06mil a year ago as its revenue shrank on lack of contracts.
It said on Wednesday its revenue slumped 66.3% to RM10.77mil from RM31.98mil mainly because its Rubicone mobile offshore production unit had not generated any revenue. Its earnings per share fell to 0.08 sen from 2.57 sen.
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