Malaysian company Sapura Energy has turned to profit in the fourth quarter ended January 31 (fiscal year 2019), with the result boosted by a recent sale of a stake in E&P business to Austrian OMV.
Sapura Energy, a company which has three lines of business – Exploration and Production, Drilling, and Engineering & Construction – said its fourth-quarter (Q4 FY19) profit was 500 million Malaysian ringgits or 122 million U.S. dollars.
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