PETALING JAYA: After a tough run of registering poor results with massive impairment made for the financial year ended Dec 31, 2016 (FY16), Bumi Armada Bhd could see a better year, fuelled by new source of earnings.
Affin Hwang Investment Bank Bhd said it expected the company’s earnings to gradually pick up from the commencement of the company’s three additional floating, production, storage and offloading (FPSO) and Malta floating storage units.
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