Amidst the edgy scenario of the global oil and gas industry in the last 12 months, Sapura Energy Bhd confounded its detractors to post a net-tax profit of RM208 million for the year ended Jan 31, 2019.

Sapura Energy Bhd returned to the black in the fourth financial quarter ended Jan 31, 2019 (4QFY19), posting a net profit of RM500.43 million compared with a net loss of RM2.29 billion a year ago.