Analysts raise earnings forecast on Yinson


Yinson’s headquarters in Johor Baru. The Petronas licences have given the company a fresh catalyst.

PETALING JAYA: Analysts have raised their earnings forecast on Yinson Holdings Bhd for financial year ending Jan 31, 2017 (FY17) on the back of better-than-expected core profit reported in its third quarter.

Kenanga Research has raised its earnings forecast on Yinson by 12%-13% for FY17 and FY18 on the back of lower finance cost.

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