Singapore's EMAS Offshore has revealed a huge loss in its revised annual results.
The restructuring company said the net deficit in the 12 months to 31 August, 2016, was $535.24m, from a profit of $199.54m the year before.
It had previously reported a loss of $265.3m for the period.
Revenue fell to $167.57m from $247.17m, while operating costs were cut to $215.65m
