Slow start for Scomi


PETALING JAYA: Scomi Group Bhd has started its financial year on a weak note, with net profit for its maiden quarter ended June 30 down by about 14% from the previous corresponding quarter to RM9.7mil, generally due to the slowdown in the oil and gas market and marine segment.

Revenue also slipped to almost RM380mil from RM414.1mil a year ago.

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Business , Scomi Group , Scomi Engineering

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