Order book of RM2.6bil gives Uzma earnings visibility of 4 years


Managing director Datuk Kamarul Redzuan Muhamed(pic) said while the company would likely have a

SINGAPORE: Oil and gas-related outfit Uzma Bhd is confident that its current order book of RM2.6bil gives it an earnings visibility of at least four years.

However, the company, which provides services for both upstream and downstream players, warns that projects could be delayed if the price of crude oil dips to US$30 per barrel or below.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Business , Uzma , Managing director , Kamarul , Redzuan , Muhamed , oil , price , stocks , shaares , order , book ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read