Petrofac Limited: RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
LONDON (dpa-AFX) - Petrofac Ltd. (POFCF.PK, POFCY.PK, PFC.L), on Friday, reported a net loss of US$505 million for the year ended 31 December 2023, compared to a loss of US$320 million incurred
Petrofac has issued its financial results for the year ended 31 December 2023 and an update on progress with respect to its review of strategic and financial options. The Company reports strong order intake of US$7.1 billion, driving significant backlog growth to US$8.1 billion and Group business performance EBIT loss of US$(393) million.
Petrofac, the energy services group whose shares are currently suspended, has finally released its delayed annual results for 2023, which showed a net loss of more than half a billion dollars following a "challenging year".