BFM 89.9
The Business Station
BFM 89.9
The Business Station
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45 mins
45 mins
Oil & gas firms continue to see their earnings fall, as a result of large impairments in the upstream space, where aggregate impairment in FY16 more than doubled compared to last year.
Sean Lim, Analyst gives us a report-card of 4Q'16 earnings, and if he expects a boost in sentiment and job-flows from the resulting RM31b investment by Saudi Aramco in RAPID.
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Impairments a Drag on O&G 4Q'16 Results
Oil & gas firms continue to see their earnings fall, as a result of large impairments in the upstream space, where aggregate impairment in FY16 more than doubled compared to last year.
Sean Lim, Analyst gives us a report-card of 4Q'16 earnings, and if he expects a boost in sentiment and job-flows from the resulting RM31b investment by Saudi Aramco in RAPID.
Share:
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