Ezra: 2QFY16 sank into a significant loss of US$249.9m (2QFY15: US$0.1m), due to:
- Disposal loss (US$18.1m) of fixed assets;
- Impairment loss (US$60.5m) on fixed assets;
- Impairment loss on investments in JVs (US$38.3m);
- Lower FX gain of US$1.3m (2QFY15: US$8.4m).
NAV/share crumbled from US$0.4646 to US$0.3553 ($0.48).