Bumi Armada ice class vessels sale to improve recurring earnings


KUALA LUMPUR: Bumi Armada Bhd's recurring earnings in FY22 and FY23 are expected to improve following the sale of its ice class vessel companies, says RHB Research.

In a report, the research firm said the absence of losses from these companies will bolster recurring earnings by 6% to 8% over the two financial years.

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Bumi Armada , ice vessel , PJSC Lukoil

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