Dana Gas posts Q3 loss on provisions, write offs

Thu Nov 12, 2009 11:12am GMT
 
Email | Print | | Single Page
[-] Text [+]

DUBAI, Nov 12 (Reuters) - UAE'S Dana Gas DANA.AD said in a statement on Thursday it made a net loss of 79 million dirhams ($21.51 million) in the third quarter blaming exploration write offs and impairment provisions.

Dana Gas made a third-quarter net profit of 26 million dirhams in the same period last year, according to previous financial statements. (Reporting by Stanley Carvalho)

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos