PETALING JAYA: Yinson Holdings Bhd is set to benefit from an improving floating production, storage and offloading (FPSO) market and its stronger balance sheet, which will boost its ability to secure further contracts.
Analysts mostly maintained their “buy,” “outperform” and “hold” calls on Yinson following the group’s second quarter financial year 2019 (2Q19) results, despite its net profit falling 11.9% year-on-year to RM73.67mil during the period.
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