Alam Maritim Resources Bhd’s current charter contract extensions, worth RM100.57mil, for two of its anchor handling tug supply (AHTS) vessels will improve its net profit by 7.7% to RM76.6mil for the year ending Dec 31 (FY08), according to OSK Investment Research.
Prior to the contract extensions, the research house had forecast a net profit of RM71mil for the oil and gas support services company for FY08.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!