Baker posts Q2 loss

摘要

Oilfield services player Baker Hughes recorded a net loss during Q2 2018 even though its revenue rose by 2%. Baker Hughes, which completed a merger with GE’s Oil & Gas division in July 2017, reported that its orders for Q2 2018 were US $6 Bn, up 15% on Q1 2018 and up 9% on Q2 2017 on a combined business basis when its combined orders were $5.6 Bn.