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WSP Holdings Q4 Loss Narrows

WSP Holdings Q4 loss narrows

WSP Holdings Limited (WH: Quote) reported a fourth-quarter net loss of $18.9 million or $0.09 per share, narrower than the net loss of $52.9 million or $0.26 per share in the year-ago quarter.

Loss per American Depositary Shares, or ADS, for the quarter was $0.93 compared to $2.59 in the fourth quarter of 2010.

Net revenues for the latest quarter rose to $180.4 million from $138.5 million in the same period last year.

by RTT Staff Writer

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