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FY2017 Annual Report: Pacific Radiance reports Loss of $US332m Corporate Wire Date: 20 November 2018 16:35 SGT

Nov 20, 2018 - News Bites - Asia: Singapore

SINGAPOREAN RESULTS

Pacific Radiance (SI:T8V) reported a loss for the year-ended 31 December 2017 of $US332m.

Major changes compared with previous year:

Favourable Changes:

- Current Debtors to Total Assets up from 11.5% to 11.8%

- Total current assets to Total Assets up from 18.6% to 22%

- Administration expenses to Revenues down from 30.3% to 24.5%

Unfavourable Changes:

- Total non-current assets to Total Assets down from 81.4% to 78%

- Cur...