Perisai Petroleum Teknologi Bhd announced unaudited consolidated earnings results for the three month and eighteen months ended June 30, 2017. For the quarter, the company reported revenues of MYR 44,307,000. Loss before tax was MYR 263,581,000. Loss for the period was MYR 263,762,000. Loss for the period attributable to owners of the company was MYR 205,354,000 or 16.29 sen per basic and diluted share.

For the eighteen months, the company reported revenues of MYR 275,587,000. Loss before tax was MYR 605,985,000. Loss for the period was MYR 606,953,000. Loss for the period attributable to owners of the company was MYR 560,431,000 or 45.14 sen per basic and diluted share. Net cash generated from operating activities was MYR 32,110,000. Prepayment of plant and equipment was MYR 21,368,000. Purchase of plant and equipment was MYR 1,842,000.

The company announced impairment loss on plant and equipment of MYR 58,114,000.