Bumi Armada posts RM153.37mil net profit in third quarter


PETALING JAYA: International offshore energy facilities and services provider Bumi Armada Bhd posted a net profit of RM153.37mil for the third quarter of financial year ending Dec 31, 2019 (FY19), compared with a net loss of RM502.82mil a year ago.

According to a filing with Bursa Malaysia, the third quarter net profit was 96.2% over the second quarter’s net profit of RM78.2mil, boosted by RM81.8mil from other operating income.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

Bumi Armada Bhd

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read