Bumi Armada Berhad reported unaudited consolidated earnings results for the second quarter and year to date ended June 30, 2018. For the quarter, the company reported revenue of MYR 654,042,000 against MYR 694,419,000 a year ago. Operating loss was MYR 480,992,000 against profit of MYR 275,084,000 a year ago. Loss before tax was MYR 584,775,000 against profit before tax of MYR 175,937,000 a year ago. Profit for the period was MYR 117,714,000 against loss for the period of MYR 516,200,000 a year ago. Loss attributable to ordinary equity holders of the parent was MYR 585,480,000 or 9.97 sen per share against profit attributable to ordinary equity holders of the parent of MYR 116,590,000 or 1.99 sen per share a year ago. EBITDA was MYR 428.2 million against MYR 198.7 million a year ago.

For the year to date, the company reported revenue of MYR 1,254,384,000 against MYR 1,098,592,000 a year ago. Operating loss was MYR 311,579,000 against profit of MYR 357,994,000 a year ago. Loss before tax was MYR 519,235,000 against profit before tax of MYR 244,366,000 a year ago. Profit for the period was MYR 174,132,000 against loss for the period of MYR 495,035,000 a year ago. Loss attributable to ordinary equity holders of the parent was MYR 537,063,000 or 9.15 sen per share against profit attributable to ordinary equity holders of the parent of MYR 164,698,000 or 2.81 sen per share a year ago. EBITDA was MYR 676.5 million against MYR 450.2 million a year ago. Net cash flows generated from operating activities was MYR 340,389,000 against net cash flows used in operating activities of MYR 196,460,000 a year ago. Purchase of property, plant and equipment was MYR 113,515,000 against MYR 993,126,000 a year ago.

For the second quarter of 2018, the company reported impairment loss of MYR 478,942,000 compared to MYR 5,756,000 a year ago.