Yinson remains on growth path


KUALA LUMPUR: Despite a weaker FY22 earnings result, Yinson Holdings Bhd's long-term prospects remain intact as it continues to seek growth opportunities in the FPSO and renewables segments, said Kenanga Research.

While the group's FY22 core Patami of RM411mil was down 36%, Kenanga said it was within expectation while remaining optimistic over its growth outlook.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Kenanga , Yinson , oil and gas , ESG

   

Next In Business News

IOI Corp expects operating environment to remain challenging
Press Metal reports RM282mil net profit in 1Q
FBM KLCI tumbles 8.02 points to below 1,400-level
Singapore home prices surpass Hong Kong as APAC's most expensive - survey
Gold slips to lowest in more than 2 months as dollar gains
Weak China data outlook, US debt deal weigh on Asian FX
Asian stocks dip as investors question consequences of US debt deal
DC Healthcare inks underwriting agreement with M&A Securities
GDEX's new auto hub to triple daily sorting capacity to 350,000 shipments
FGV to push through 2023 on 1Q momentum

Others Also Read