In a filing with Bursa Malaysia, KNM said the purchase orders from Amsterdam-based Single Buoy Moorings Inc was for the Liza Unity-FPSO engineering, procurement, construction and installation project in the Starbroek block in Guyana, South America. The supply and delivery duration of the goods is for 13 month. (Filepic shows KNM Group Bhd's delivery of order for Alcan Gove Alumina Refinery in Australia.)
For the first time in a long time, KNM has reported a quarterly profit.
The profit it announced over the week has come after making massive write-offs and the streamlining of unprofitable businesses in the 2018 financial year.
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