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Perdana Petroleum Bhd cut loss to RM6.54 million in Q2

KUCHING: Perdana Petroleum Bhd (PPB) has reported higher group revenue of RM43.2 million in second quarter ended June 30, 2022 (Q22022) from RM38.6 million in Q22021, thanks to higher vessel utilisation. This revenue growth helped to significantly cut group net loss to RM6.54 million from RM39.2 million. Losses per share were reduced to 0.29 sen […]

PPB completes debt restructuring

KUCHING: Perdana Petroleum Bhd (PPB) and its subsidiaries have been discharged from the purview of the Corporate Debt Restructuring Committee (CDRC) of Bank Negara following the completion of the company’s debt restructuring exercise. The CDRC notified Perdana Petroleum of the discharge on December 16, 2019, Perdana Petroleum said in a filing with Bursa Malaysia. To […]