Matrix expects financial hit from oil crash

AUSTRALIAN oil and gas contractor Matrix Composites & Engineering said on Friday afternoon it was expecting to take a financial hit to earnings this year due to the combined impact of the COVID-19 pandemic and the oil price crash.

Matrix expects financial hit from oil crash Matrix expects financial hit from oil crash Matrix expects financial hit from oil crash Matrix expects financial hit from oil crash Matrix expects financial hit from oil crash

The ASX-listed engineering and technology firm told the market on Friday a "weak oil price environment driven by a supply glut and weak demand" had resulted in multiple delays and deferrals of

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