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Asia Pacific Offshore Finance

Vallianz warns of full-year loss due to impairments

The company said continued challenges and slow recovery in the offshore and marine market were affecting asset values and would require it to record non-cash impairment expenses. This will result in a significant net loss for FY2019

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However, the offshore support vessel provider still expects to report profits at the operating level if the impairments are excluded

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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