Group CEO Lim Chern Yuan said after the company’s AGM yesterday that Yinson expects to see better financial results in FY21, given the two new assets coming on-stream.
PETALING JAYA: Despite global economic uncertainties, Yinson Holdings Bhd
remains positive on the prospects of the floating production, storage and offloading (FPSO) industry and the renewable energy (RE) business, as the group continues to bid for such projects.
For the financial year ending Jan 31,2021 (FY21), Yinson is expected to realise full-year earnings contribution from FPSO Helang, which is the group’s first charter in Malaysia.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
