CGS-CIMB reiterated its “add’’ stand on the stock as it forecast core earnings per share to almost double between financial year 2021 (FY21) and FY24, with several other potential FPSO projects coming up in 2022-23.
PETALING JAYA: Analysts are positive of Yinson Holdings Bhd
’s latest contract win from Enauta Energia SA for the Atlanta Field floating production storage and offloading (FPSO) project.
On Monday, Yinson announced that it had entered into a letter of intent (LoI) with Enauta to provide and operate an FPSO via a redeployment of OSX-2 for the Atlanta Field located in Santos Basin, offshore Brazil.
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