Dayang looks to a better Q3


The company, which provides maintenance and support services within the oil and gas (O&G) industry, believes the outlook in Q3 would improve as the crude oil price has stabilised at a healthy level, which bodes well for the O&G industry. PublicInvest Research in a report said it expects the FY22 earnings onwards to improve.

PETALING JAYA: Dayang Enterprise Holdings Bhd’s performance for the financial year ending Dec 31, 2022 (FY22) is set to improve after posting a net loss of RM21.9mil in the second quarter ended June 30, 2021 (Q2).

The company, which provides maintenance and support services within the oil and gas (O&G) industry, believes the outlook in Q3 would improve as the crude oil price has stabilised at a healthy level, which bodes well for the O&G industry.

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