Malaysia O&G services, equipment firms’ combined profit down 52% in FY15


Let’s see.. Yup, this is a optimistic reduction.

Dateline 2017-03-07, Astro Awani:

Malaysia Petroleum Resources Corp (MPRC) disclosed that overall profit for the Malaysian oil & gas services and equipment (OGSE) companies here slumped by more than half to 3.1 billion ringgit in financial year 2015. This is considering how badly the O&G sector was hit following the crude oil price crash.

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