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.
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