Kuala Lumpur, 26 September 2024 Summary of Q2 FY2025 financial results:  Revenue of RM1.2 billion EBITDA of RM241 million EBITDA margin of 20 percent LATAMI of RM5 million Group order book at RM5.9 billion and order book of joint ventures at RM6.1 billion Free cash flow of RM275 million Sapura Energy Berhad (“Sapura Energy” or…

Sapura Energy Berhad began the financial year on a positive note, posting a Group profit after tax and minority interests of RM82 million in the first quarter of financial year 2025. 

Sapura Energy Berhad today announced that its wholly owned subsidiary, Sapura Upstream Assets Sdn Bhd has entered into a conditional Sale and Purchase Agreement to divest its 50 percent equity interest in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS.

Sapura Energy Berhad and its Group of Companies today announced unaudited preliminary full year results for the financial year ended 31 January 2024, reflecting a year of operational resilience amidst challenges.

Sapura Energy Berhad and its 22 wholly owned subsidiaries have been granted new Convening and Restraining Orders by the High Court of Malaya today for a period of 3 months, commencing 11 March 2024.

In a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia as well as addressing the nation’s energy transition agenda, Sapura Energy Berhad today unveiled Kitar Solutions.

Sapura Energy Berhad wishes to announce that it has been granted a time extension of up to 31 May 2024, to submit its Practice Note 17 regularisation plan to the relevant regulatory authorities.  

Sapura Energy Berhad and its subsidiaries today announced financial results for the third quarter ended 31 July 2023 (Q3 FY2024), extending the positive performance shown since the beginning of the financial year.

Sapura Energy Berhad has received written confirmation from the Corporate Debt Restructuring Committee (CDRC) that at least seventy-five percent (75%) of the financiers of its approximately RM 10.3 billion in Multi-Currency Financing Facilities (MCF Financiers) have provided the requisite approval-in-principle for a proposed debt restructuring scheme (PRS).

Sapura Energy Berhad and its group of companies today announced its financial results for the second quarter ended 31 July 2023 (Q2 FY2024), recording profit after tax and minority interests (PATAMI) of RM43 million, on the back of earnings before interest, taxes, depreciation, and amortisation (EBITDA) of RM209 million, and revenue of RM1.14 billion.