Oil and gas services provider narrows its Q4 FY2023 net loss to RM105 million from RM327.8 million a year ago.
Serba Dinamik anticipates its operations will remain challenging due to liquidity issues and the uncertainty of the global economy.
The revenue for FY2023 plunged to RM403.23 million from RM1.35 billion a year ago, while loss per share weakened further to 34.88 sen from 29.34 sen. Serba Dinamik is primarily engaged in providing engineering services and solutions for oil & gas ranging from O&M, engineering, procurement, construction and commissioning and other products.
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