Energy Voice | Halliburton record profit loss on last year

Oilfield services firm Halliburton Manufacturing and Services has posted a pre-tax profit loss of £12.3 million for the year ending 2017.

Recording profits of £46.5m in 2016, Halliburton has seen a significant drop in 2017 to £34.2m.

However, turnover was up on 2016 by £16.6m increasing from £478m to £494m in 2017.

While fixed assets held steady, total assets minus liabilities saw a dip by £13m.

Net assets, including shareholders funds, marginally increased on the previous year.

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