Yinson records lower earnings in Q2


The research house said developments on Yinson

KUALA LUMPUR: Yinson Holdings Bhd's net profit fell to RM73.67mil in the second quarter ended July 31, 2018 from RM83.60mil in the same period last year.

Revenue for the quarter rose to RM246.54mil compared with RM217.23mil a year earlier due to a stronger US dollar, favourable foreign exchange movement of RM15.3mil and higher share of results from joint ventures of RM3.55mil. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’
US existing-home sales decline as rates keep buyers sidelined

Others Also Read