Artist impression of Dialog Group Bhds oil storage terminal in Pengerang
PETALING JAYA: Dialog Group Bhd
kicked off its new financial year on a strong note, almost doubling its earnings in the first quarter ended Sept 30 to RM160.92mil.
The oil and gas services firm told Bursa Malaysia that the 97.9% growth in its bottom line was partly due to a RM65.6mil fair value gain after the group acquired the remaining 45% equity interest in a jointly controlled entity, Centralised Terminals Sdn Bhd (CTSB), from MISC Bhd.
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