Provisions lower Bumi Armada Q1 profit to $6m
Bumi Armada saw first quarter net profit plunge to MYR23.4m ($5.7m) from MYR72.0m in the previous corresponding quarter mainly due to a MYR 17.9m non-cash impairment charge but also a 25% drop in revenue to MYR430.8m from MYR572.2m a year ago.