Yinson earnings down to RM98mil in third quarter


KUALA LUMPUR: Yinson Holdings Bhd’s net profit fell to RM98mil in the third quarter ended Oct 31, 2021 from RM101mil in the same period last year.

“The decrease was mainly due to lower progress from engineering, procurement, construction, installation and commissioning business activities and net unfavourable foreign exchange movement of RM16mil,” it said in a filing with Bursa Malaysia yesterday.

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