KUALA LUMPUR: Sapura Energy Bhd made a RM1.52bil loss in the second quarter (Q2) as the Covid-19 pandemic pushed up the cost on certain projects, forcing the oil and gas company to make hefty provisions for foreseeable losses.
Project delays in Taiwan and India had also worsened its results.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!