KUALA LUMPUR: EA Technique
(M) Bhd, a marine transportation and oil storage company, made a huge loss in the last quarter on lesser charter hire and additional impairment charges on its vessels.
The company expects another tough year ahead, as it predicted fewer spot charter and lower charter prices, For the three-month ended Dec 31, EA Technique reported a net loss of RM50.17mil on revenue of RM55.5mil, the company said in a Bursa Malaysia filing.
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