The contractor posted a net loss of 518.3 million Malaysian ringgit ($129 million) in the three months to the end of June as against a loss a year earlier of 291.5 million ringgit.

Revenues were also down on the contract termination and a general weak market, sinking from 459.1 million ringgit to 402.9 million ringgit, although average uptime of the operating fleet was high at 99%.

In