Deleum would expect its the power & machinery (P&M) earnings to continue to show resilience even though some revenue deferments might still exist for the rest of 2020.
PETALING JAYA: Despite the weak outlook for the oil and gas industry, and its cost-cutting measures, Deleum Bhd
is expected to maintain its dividend payout of 50% to shareholders.
According to UOB Kay Hian, Deleum’s strong cash flow will support its dividend payment to shareholders and loan repayments to its creditors.
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