Malaysian oil and gas service company SAAG Consolidated posted a pre-tax loss of RM2.6million for the half year ended June 30, reported The Star newspaper. The loss was its first in five years, attributed mainly to interest expense amounting to RM1.9million arising from a RM45million unsecured term loan obtained at the end of 2002. Revenue…
MALAYSIA: Oil and gas service company SAAG reports RM2.6million interim pre-tax loss
Posted on September 4, 2003 by EnergyAsia