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Quick take: Dayang drops 3.5% on wider quarterly loss

KUALA LUMPUR: Dayang Enterprise Holdings Bhd fell over 3% in early trade Tuesday after reporting a wider net loss in the second quarter ended June 30.

The oil and gas services provider fell 3.47%, or 3.5 sen to 98 sen at 9.53am. Dayang-C15 lost 33.33%, or one sen to two sen and Dayang-C17 tumbled 75%, or 1.5 sen to 0.5 sen.

Dayang’s net loss for the second quarter ended June 30, 2021 (2Q21) widened to RM21.89mil from RM985,000 a year ago.

It recorded lower revenue of RM159.7mil compared with RM170.9mil a year ago.

For the first half ended June 30 (1H

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