Long-term contracts, clean energy demand to drive Yinson’s growth


Yinson said the growth in revenue for the quarter was driven by its offshore production and offshore marine segment.

PETALING JAYA: Yinson Holdings Bhd expects its performance for financial year 2023 to be supported by existing portfolio of long-term contracts and growing demand for clean, affordable and stable energy.

In a filing with Bursa Malaysia, the energy infrastructure company reported a net profit of RM230mil or earnings per share (EPS) of 6.7 sen for the second quarter ended July 31, 2023 (2Q23), versus a net profit of RM143mil or EPS of 4.1 sen in 2Q22.

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