Bumi Armada posts net profit of RM58m in FY19


Bumi Armada Olombendo. Bumi Armada said the group’s firm orderbook at the end of the 4Q, 2019 was about RM17.5bil, with additional optional extensions of up to RM9.8bil.

KUALA LUMPUR: Bumi Armada Bhd posted net profit of RM58.51mil in the financial year ended Dec 31,2019 which was in contrast with net losses of RM2.30bil in FY18.

The international offshore energy facilities and services provider announced to Bursa Malaysia on Thursday its revenue, however, fell to RM2.07bil from RM2.42bil.

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