Hunting Sees Fall in Full-year Revenue on Oil Slump
Oilfield services company Hunting Plc said it expects revenue for the year to fall between 30-40 percent due to the slump in oil prices.
Hunting reported a underlying earnings before interest, taxes, depreciation and amortization loss of $16.2 million for the four months ending April.
Shares in the company were down about 12.45 percent at 297 pence at 1346 GMT.
(Reporting by Rahul B in Bengaluru)
