shouldn't this be a good news?

Scomi bags RM60.5m jobs in Asia
Published: 2010/04/30
 
The group says its oilfield services business has successfully secured the RM60.5 million projects in Malaysia, Thailand and Indonesia 

SCOMI Group Bhd (7158), an oil and gas services provider, bagged RM60.5 million worth of jobs in Asia within the first three months of this year.

In a statement issued yesterday, the group said its oilfield services business has successfully secured the RM60.5 million projects in Malaysia, Thailand and Indonesia, which will robustly contribute to the group's revenue in the first quarter of 2010.

These contracts are in addition to its existing oilfield services order book of RM1.2 billion as at December 2009.

In the area of production and environmental technology, subsidiary Scomi Sosma Sdn Bhd was awarded a RM21.3 million contract extension in the first quarter for the provision of integrated production chemicals supply and services for an established oil and gas company in Malaysia.
Read more: Scomi bags RM60.5m jobs in Asia http://www.btimes.com.my/Current_News/BTIM...l#ixzz0mYHlAjPU

If you cannot get , do not SCOLD ME.

9 months net loss 149 millions. No wonder diving like crazy. (Announcement Date 26 Nov)

Where has all the money gone?
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1H net profit 17.191 million (decreased 43.38%) ?????? (Announcement Date 24 Aug)

Ada sesuatu yang tak kena ni. Macam mana boleh tiba-tiba rugi 149+17 millions pulak dalam masa hanya 3 bulan?

with asset sold to offset the loss still hv 400m cash back?