Pick-up seen in Dayang Q2 earnings


The slew of new contract awards is a sign that the oil and gas sector is en route for a gradual recovery.

PETALING JAYA: Oil and gas (O&G)-related company Dayang Enterprise Holdings Bhd is expected to report weaker earnings for its first quarter of financial year (FY) 2021 but a pick-up is expected from the second quarter.

The pick-up is also in tandem with higher activity levels post the monsoon season besides progressive recovery in sector dynamics for 2021.

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Dayang Enterprise Holdings , oil , gas , contracts ,

   

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