Tag Archive: financial year

Asset acquisition boosts SapuraKencana status

November 22, 2014 8:01 am Published by

SapuraKencana Petroleum’s US$400 million purchase of PETRONAS' assets displays its rising stature as an upstream (O&G) asset owner and operator, MIDF Research said. MIDF Research stated that the main reason for the acquisition was to rebalance their upstream portfolio.

SapuraKencana full-year profit doubles to RM1.08b

March 25, 2014 9:22 am Published by

In a statement to Bursa Malaysia, the company said net profit for the fourth quarter ended January climbed to RM337.2 million froom RM123.8 million a year ago while revenue dropped to RM1.8 billion from RM1.9 billion previously.