ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Blurry turnaround prospects weigh on Sapura Energy

Analysts cut target price after company posts net loss for eight straight quarters

KUALA LUMPUR (Nikkei Markets) -- Weak operating conditions amid mounting global uncertainties will continue to weigh on Malaysian oil and gas services firm Sapura Energy, further clouding its turnaround prospects following a sharper-than-expected quarterly net loss, analysts said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more