KUALA LUMPUR: Yinson Holdings Bhd - a floating, production, storage and offloading (FPSO) service provider - posted a lower net profit in the first quarter ended April 30 (Q1) on higher depreciation charges and finance cost.
Revenue jumped to RM343.8mil in Q1 from RM209mil in the same quarter last year driven by contribution from FPSO Helang that commenced lease in December last year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!