Ezra hit with $4m loss in Q3

Blame it on the O&G downturn.

Ezra Holdings reported a net loss of $4m (US$3m) in the third quarter, on back of the current oil and gas downturn.

The group's revenue slipped 3% year-on-year to $526.82m (US$390.7m), while profit after tax crashed a whopping 96% to just $539,000 (US$400,000).

Ezra's subsea division also reported lower profit due to lower profit contribution from Lewek Express.

"The Offshore Services Industry continues to experience significant challenges in its growth outlook in the light of
the current oil price environment which would likely lead to reduced oil & gas spending and activity. Consequently, the Group is likely to face strong headwinds in the foreseeable future.," Ezra warned

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia