Bumi Armada has posted a second quarter loss of MYR 585.5m $142.7m on the back of series of non-cash impairments.
On top of this, the Kuala Lumpur-listed FPSO specialist posted a 5.8% year-on-year decline in revenue to MYR 654m.
Bumi Armada’s floating production and operating (FPO) division saw revenue increase 32.3%
