Maybank Research cuts Icon Offshore earnings outlook


KUALA LUMPUR: Maybank KE Research has cut earnings forecast for Icon Offshore Bhd's financial year ending Dec 31, 2015 and 2016 due to delivery delays for five out of seven new offshore support vessels (OSV). 

"We now expect Icon to register lower adjusted net profits of RM95mil and RM147mil for 2015 and 2016," it said on Friday. 

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