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POSH’s 4Q losses more than double to $491 mil on impairments

Michelle Zhu
Michelle Zhu • 2 min read
POSH’s 4Q losses more than double to $491 mil on impairments
SINGAPORE (Feb 21): Offshore support vessel operator PACC Offshore Services Holdings (POSH) reported 4Q16 net loss more than doubled to US$345.4 million ($491 million) from US$149.7 million in 4Q15.
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