Currency swings affect Yinson profit in Q2


KUALA LUMPUR: Yinson Holdings Bhd posted lower earnings in the second quarter ended July 31, hit by unfavourable swings in the currency market and impairment loss on RM4mil worth of trade and receivables.

But the company is optimistic about its outlook, as two of its floating, production, storage and offloading (FPSO) projects are on track for deployment soon.

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