KUALA LUMPUR: Perdana Petroleum Bhd
’s nine-month ended Sept 30, 2014 earnings was in line with consensus’ forecasts at 77% but expects stronger financial year in 2015, says Maybank Investment Bank Research.
The company posted third quarter core net profit or RM27mil, which took nine-month core earnings to RM73mil. The quarter-on-quarter growth was fuelled by higher utilisation of its offshore support vessel (OSV) fleet and lower maintenance costs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
