logo
Share SHARE
FONT-SIZE Plus   Neg

WSP Holdings Q4 Loss Narrows

WSP Holdings Q4 loss narrows

WSP Holdings Limited (WH) 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

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Ryanair Holdings Plc pilots have rejected a cash bonus offered to them by the airline in exchange for cancelling their leave as the airline grapples with massive flight cancellations. Ryanair is cancelling 40 to 50 flights daily for the next six weeks, till the end of October, after it admitted to having "messed up" the planning of pilot holidays. Taco Bell, which records majority of its revenues from drive-thru windows, reportedly plans to open hundreds of new locations without a drive-thru by 2022, so it can finally sell more booze. The Tex-Mex brand plans to open 300 to 350 locations of new drive-thru-less cantinas by 2022 as it aims to make its presence known in urban areas, the reports said. Amazon.com may be talking with some middle-market pharmacy benefit managers or PBMs looking for various contractual arrangements, Axios reported, citing analysts at investment bank Leerink Partners. As per the report, the e-commerce giant, which recently entered the grocery industry with the purchase of Whole Foods for $13.4 billion, is eying to enter the pharmaceutical delivery business.
comments powered by Disqus
Follow RTT