Engineering and construction frm KBR reports a net loss and lower rev- enues year-on-year in the frst quarter. It reports a net loss of $43 million, down from a net income of $88 million in the year-earlier period, while revenue was down 11% to $1.6 billion. Gross proft shrank from $156 million to $39 million. President and CEO Stuart Bradie, who joined KBR earlier this month from WorleyParsons, says that KBR will strategi- cally review its operations.
展开▼
