The company posted an after tax profit of $28 million, falling from a profit of $72 million during the first quarter of the financial year.
Hitting profits in the recent quarter was a $147 million impairment following an assessment of its oil and gas portfolio amid volatile commodity prices.
This offset a rise in revenue from $620 million in the first quarter of the year to $762 million in the recent quarter.
SapuraKencana noted its services division, which includes drilling as well as engineering and construction, generated increased operating profits and improved operating profit margins due to contributions from new markets and a continued focus on project execution.
"We are encouraged by the progress our business has made in new markets and our continued...
