CGS-CIMB Research is forecasting that Destini will be profitable again in financial year 2021 (FY21)-FY22. That is on the assumption that there will be more contract flows in the aviation and oil and gas (O&G) sectors.
PETALING JAYA: Destini Bhd
may have won two contracts recently but the jobs would not move the needle much even though it plans to work harder to win more contracts in the future, CGS-CIMB Research said in a note.
The research house is now forecasting that Destini will be profitable again in financial year 2021 (FY21)-FY22. That is on the assumption that there will be more contract flows in the aviation and oil and gas (O&G) sectors.
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!
